Answer:
Inventory turnover
Explanation:
From the question we are informed Mayree who is the owner of Spines Books, a small eclectic-style bookstore in a bustling college town. Mayree prides herself in selecting hard-to-find books and magazines that her clientele enjoy. Recently, Mayree is experiencing a cash flow shortage, and she is concerned that she may be purchasing too many copies of each title. Having recently completed a business class, I can suggest to Mayree that she calculate the Inventory turnover ratio for her store, and then compare it to other stores in her industry. Inventory turnover can be regarded as rate at which particular company make sales of it's stock of goods and make replacement of its stock of goods during a particular period.
The inventory turnover ratio can be regarded as formula which is cost of goods that is been sold divided by average inventory within the same period.
Mathematically,
inventory turnover=[Net sales/ Average inventory at particular selling price]
<u><em>Explanation</em></u>:
<u>(a) FIFO</u>
In using this method we calculate cost based on the price of the earliest (first) purchased inventory date.
(b) LIFO
Here we calculate cost by using the price of the most recent (last) purchased inventory date. eg for inventory cost calulations for March 9 we use the price value of March 29
(c) weighted average
This meeting uses the average cost of the entire inventory in the month. Calculated by dividing total cost by today inventory.
(d) specific identification.
Here cost are just assigned to each individual item or batch of items in the period.
<span>µ, or the population mean, may be defined as the average annual earning of all Haque & Slash hair styling franchises. x measures only the average annual earnings of the 50 randomly selected Haque & Slash hair styling franchises.</span>
Answer:
- Protection of Labor Rights
- Co-surviving Public and Private Sectors
- Safeguarding of Consumer Rights
- Economic Planning
Explanation:
Don't know how many you're looking for, or what specifically, but those are a few that I've learned
Hope it helped
Answer:
Explanation:
Given:
Today:
Number of printers = 6
Work duration = 12 hours
Tomorrow:
Work duration = 8 hours
At the same rate of printing,
If 6 printer were used to print newspapers for 12 hours.
Only 1 printer will work for 12 × 6 hours at the same rate
But is the printers were 8, (12 × 6)/8
= 9 printers.
Initial number of printers = 6 printers
Additional printers to be purchased = 9 - 6
= 3 printers
