Answer:
$9000
Explanation:
Inventory turnover is an example of an activity ratio
Activity ratios calculate the efficiency of performing daily task of a firm
Inventory turnover = cost of goods sold / average inventory
Average inventory = (beginning inventory + ending inventory) / 2
($2000 + $1000) / 2 = $1500
6 = cost of goods sold / 1500
To determine cost of goods sold, multiply both sides of the equation by 1500
1500 x 6 = $9000 = cost of goods sold
Hi I would go with b or c
Answer:
The dimensions are 1 m × 1 m × 5 m
Explanation:
Let the dimension be x, y, z
Volume = xyz = 5 m³ ................(1)
According to question:
Cost function, C = 110(xy) + 30(xy) + 14(2xz+2yz)
or
C = 140xy + 28xz + 28yz ..........(2)
We need to maximise (2)
Given condition (1)
Using the concept of lagranges multipliers
...........(3)
...........(4)
...........(5)
From (3) and (4) and(5)
140xy + 28xz = 140xy + 28yz = 28xz + 28yz
thus,
140xy + 28xz = 140xy + 28yz
or
28xz = 28 yz
or
x = y ............(a)
140xy + 28yz = 28xz + 28yz
substituting x from (a)
140(y)y + 28yz = 28(y)z + 28yz
or
140y² = 28yz
or
5y = z
and,
volume = 5 m³
or
xyz = 5 m³
or
x(x)(5y) = 5 m³
or
x²(5x) = 5 m³
or
5x³ = 5 m³
or
x = 1 m
Hence,
y = x = 1 m
and,
z = 5y = 5(1) = 5 m
Therefore,
The dimensions are 1 m × 1 m × 5 m
Answer:
d. may not always fit the specific needs of the user.
Explanation:
Standardized marketing information is a secondary data which is collected for use but is already used by someone else. The main disadvantage of standardized marketing data is that is might not fit the specific needs of the user. The data collected does not satisfy the purpose of gathering information. This data can save time of the user but it will not meet the requirement for which it was collected.
Answer:
The correct answer to the following question is option C) government regulations can lead an increase in production cost .
Explanation:
The government regulations can easily shape the structure and conduct of a business in an industry and it certainly does have an impact on the business profits. Government regulations which can include the price regulation can decrease the profits of a business by causing the business to set high prices of the product, have an affect on demand and supply of the product,high production cost due to increase in prices of input etc.