A method of understanding what is done by any business is to look at it as a system for meeting the needs of a customer by changing lower-value inputs into higher value outputs by improving quality through packaging, blending, branding among other methods. This is a concept of adding value in business and identifying major types of business in a the market.
Procter & Gamble is a multinational corporation that manufactures and markets many household products is our goal is to use every opportunity we have no matter how small to set change in motion. To be a force for good and a force for growth. Compute Procter & Gamble's receivable turnover ratio and its inventory turnover ratio.
Ans.1a Account receivables turnover ratio = Net credit sales / Average trade receivables
74756 / 6447
11.60 times
*Net credit sales = Total sales * 90%
83062 * 90%
74756
*Average receivables = (Beginning receivables + Ending receivables / 2
(6508 + 6386) / 2
6447
Ans.1b Inventory turnover ratio = Cost of goods sold / Average inventory
42362 / 6834
6.20 times
Cost of goods sold = Total sales - Gross profit
83062 - (83062 * 49%)
42362
*Average inventory = (Beginning inventory + Ending inventory) / 2
(6909 + 6759) / 2
6834
Ans.2a Days' sales in accounts receivables = No. of days in year / Receivables turnover ratio
365 / 11.60
31.47 days
Ans.2b Days' sales in inventory = No. of days in year / Inventory turnover ratio
365 / 6.20
58.87 days
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If the statement is asking whether it is true or false, the
answer is false. It is because the main purpose of job instruction training is
to be able to provide its workers to do their job safely and correctly in means
of providing them an effective method in doing their job.
Answer:
c. It is usually easier to transfer ownership in a corporation than in a partnership
Explanation:
(A) (D) <em>Shareholders has limited liability</em>. It is the partnership members which has unlimited liability.
(E) Corporations, because manage large sum of capital<em> are more regulated.</em>
(B) Corporation can lobby to get tax exemption, also the income tax scales with income, not with business legal form. <em>There is no tax disadvantage</em>
(C) In a Corporation you can sale your shares (right of ownership) any time in open market. While in a partnership there are restrictions from you leaving right away.
The prevalence of HIV is 137.0 per 100,000 population.
The incidence of HIV is 24.1 per 100,000 population.