Length of inventory period = Average Inventory / Cost of goods sold * 365 days
Average Inventory = (Beginning Inventory + Ending Inventory) / 2
= $45,500
Length of inventory period = Average Inventory / Cost of goods sold * 365 days
= $45,500 / $684,000 * 365
= 24.3 days
Answer:
The transaction allows a seller to take pride in its product
Explanation:
Have a good one!
Answer:
C) increase their savings
Explanation:
Saving is the act of setting aside a portion of one's income in a secure location rather than spending it. It's a method that businesses and individuals utilize to meet their financial goals. Saving consistently throughout time helps to acquire a significant sum of money that can be used to achieve financial goals. While saving is not the primary financial goal, it is a means to that end. If one's objective is to acquire a home or a car, for example, they begin saving for the down payment. Saving aids them in achieving their long-term objectives.
The skill is not beneficial for SWOT analysis.
Sales skills refers to skills which an individual must possess to excel in the sales industry.
- Skills such as Active listening, Initiative, Empathy, Verbal communication skills, Positivity, Time management, Critical thinking, Self-regulation are example of sales skills needed to excel in sales industry.
- Therefore, the skills to convince others that an idea makes sense, to show investors how a project or business will generate a return and to help employees understand the benefits of a new process are all example of sales skills.
In conclusion, sales skills is not beneficial for writing a company's SWOT analysis because the analysis is an internal factor.
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