Answer:
C) efficiency
Explanation:
Efficiency is defined as the ratio between the inputs required to produce a certain amount of output. In other words, the more efficient the company is, the lower its average production costs.
An efficient company is able to produce more output using the same amount of inputs as other companies, or produce the same output using a smaller amount of inputs.
In this case, Trent Automobiles is just the opposite, their bad purchasing decisions led to higher costs which reduces their efficiency levels.
Answer:
Persuasive advertising: Reinforce why consumers should choose Enliven as their first choice.
Explanation:
If my first task is to set an advertising objective and my key goals are to build brand preference for your product and to differentiate your product as the safe and natural choice.
Then my decision on the best type of objective for your national campaign will be Persuasive advertising: Reinforce why consumers should choose Enliven as their first choice.
By definition Persuasive Advertising is a type of product promotion that aims to <u>persuade a consumer for buying a particular product, especially in the presence of several similar products in the same category.
</u>
Informing customers or reminding them will be insufficient and inappropriate because it will not achieve the goal of differentiating Enliven from other products
The answer in the space provided is inflation. This occurs
when the prices of the goods and services that are being served to the
consumers are at the high rate while it makes the purchasing power of the
currency to decrease or to fall.
Answer:
$800 debited
Explanation:
As we know that
The inventory should be reported at the cost or net realizable value whichever is lower
Since the total cost is
= 200 units × $16
= $3,200
And, the current replacement cost
= 200 units × $12 units
= $2,400
So, the inventory should be recorded at $2,400
Therefore, the cost of goods sold would be
= $3,200 - $2,400
= $800 debited
Answer:
Inventory turnover ratio = 19.05 times
Explanation:
Quick ratio = (Current assets - Inventory) / Current liabilities
2 = (70,000 - Inventory) / 24,500
Inventory = $21,000
Inventory turnover ratio = Total sales / Inventory
Inventory turnover ratio = 400,000 / 21,000
Inventory turnover ratio = 19.05 times