Answer and Explanation:
The computation is shown below;
For Year 1
Average inventory = (Beginning inventory + Ending inventory)÷ 2
= ($64,000 + $80,000) ÷ 2
= $72,000
Inventory turnover = Cost of goods sold ÷ Average inventory
= $606,000 ÷ 72,000
= 8.4 times
Days in inventory = 365 ÷ Inventory turnover ratio
= 365 ÷ 8.4
= 43.5 days
For Year 2
Average inventory = (Beginning inventory + Ending inventory) ÷ 2
= ($80,000 + $72,000) ÷ 2
= $76,000
Inventory turnover = Cost of goods sold ÷ Average inventory
= $500,800 ÷ 76,000
= 6.6 times
Days in inventory = 365 ÷ Inventory turnover ratio
= 365 ÷ 6.6
= 55.3 days
Answer:B-
Anna has a $250,000 tax basis for her partnership interest.
Explanation:
Since the e substituted basis rules of section 722 and 723 applys, Jason's basis for his partnership interest will be the same as his $180,000 basis for the property contributed. Anna will have a $250,000 tax basis for her partnership interest, Also the partnership will have a $200,000 adjusted basis for the land contributed by Anna and neither Jason nor Anna will recognize a gain or loss on their property contributions.
Answer:
A. a dividend decision when the firm has excess cash. B. a financing decision when the firm wants to alter its capital structure.
Explanation:
share repurchase, can be regarded as a decision that a firm make to buy it's own share back to its self from the market place. Company do this to boast the stock in term of value.
Easy, Concurrent powers are powers shared by the federal government and the states. ... Notably, both the states and the federal government have the power to tax, make and enforce laws, charter banks, and borrow money.
Hope this helps ;)
Answer:
Marketing tactics.
Explanation:
The detailed day-to-day operational decisions essential to the overall success of marketing strategies are referred to as marketing tactics.
Marketing tactics can be defined as both a strategic short-term and long-term actions employed by an organization to promote its goods and services with the intention of increasing sales and achieving a competitive market advantage by satisfying customers wants or need.
Hence, the purpose of a marketing tactics is to achieve substantial level of customer satisfaction as well as using the organization's limited financial resources efficiently in order to boost the effective promotion and sales of its products.
Some examples of marketing tactics are;
1. An organization sending newsletters or emails to its new and existing customers.
2. Participating in the exhibition of products in a trade fair.
3. Promotion of products on social media platforms.
