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dolphi86 [110]
3 years ago
9

The lower a firm's inventory turnover, the longer it takes the firm to collect payment on its sales. a. faster the firm collects

payment on its sales. b. faster the firm sells its inventory.c. longer inventory sits on the firm's shelves. d. smaller the amount of inventory held by the firm.
Business
1 answer:
Doss [256]3 years ago
4 0

Answer:

The answer is C. longer inventory sits on the firm's shelves

Explanation:

The Inventory turnover is the number of times inventory is sold or used during a given period of time.

The formula is:

cost of goods sold/average inventory.

A lower inventory turnover means weak sales(declining sales) and excess inventory remaining in the warehouse while a higher inventory turnover means it is taking a firm short time to sell its goods(inventory)

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Answer:

Unitary product cost= $54

Explanation:

Giving the following information:

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<u>Under the variable costing method, the unit product cost is calculated using direct material, direct labor, and variable overhead.</u>

First, we need to calculate the unitary variable overhead.

Unitary overhead= 276,000/23,000= $12 per unit

Unitary product cost= 23 + 19 + 12= $54

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zlopas [31]

Answer:

There could be a customer with the same name or surname. It could cause a mess in your database if the customer wants payback for something and there will be the customer with the same name. I think that the primary key should be consisted of unique Customer's ID number.

Read more on Brainly.com - brainly.com/question/2870954#readmore

Explanation:

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3 years ago
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Answer:

1. Neither ; 2. Consumer Surplus ; 3. Producer Surplus

Explanation:

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3. Willing to sell laptop at $190, sold it at $199 : It illustrates 'Producer Surplus' case = $9 , as it shows difference between minimum willingness to sell price ($190) &  actual sale price ($199)

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mamaluj [8]
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Anastaziya [24]

Answer:

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3 years ago
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