The answer is B. the cost of producing the second good or service increases.
Yes.
What are the 9 major financial institutions?
Central Banks. ...
Retail and Commercial Banks. ...
Internet Banks. ...
Credit Unions. ...
Savings and Loan Associations. ...
Investment Banks and Companies. ...
Brokerage Firms. ...
Insurance Companies. ...
Mortgage Companies. ...
You are on the EMMA website considering investing in a municipal bond. The information under CUSIP tells you that the most important is the disclosure statement associated with the bond.
Municipal securities, also known as "munis," are bonds that are issued by states, cities, counties, and other governmental bodies to raise funds for the construction of roads, schools, and a variety of other public projects. For investors looking to generate a steady stream of income, particularly during their retirement years, municipal or corporate bonds are an excellent alternative. When compared to almost any other option, and particularly when compared to stocks, highly rated bonds are by their very nature extremely safe investments. Municipal bonds' only real drawback is their relatively low-interest rates when compared to other securities. This is especially true when the economy is strong and CD and Treasury bill interest rates are rising.
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Answer:
The days' inventory outstanding was 107.35 days
Explanation:
The days' inventory outstanding indicates how many days on average a company turns its inventory into sales. Days' inventory outstanding is calculated by using the following formula:
Days' inventory outstanding = (Average inventory / Cost of goods sold) x 365 days
In there,
Average inventory = (Beginning Inventory for the year + Ending Inventory for the year)
/2
In Carey's Department Store,
Average inventory = ($4,000,000 + $6,000,000)/2 = $5,000,000
Days' inventory outstanding = ($5,000,000/$17,000,000)x365 = 107.35 days