Answer:
Option (d) is correct.
Explanation:
Given that,
Average inventory in all of its worldwide locations = $15 million
Operate in a year = 51 weeks
Weekly cost of goods sold = $3 million
Annual cost of goods sold:
= Weekly cost of goods sold × Number of weeks in a year
= $3 million × 51 weeks
= $153 million
Inventory turnover:
= Cost of goods sold ÷ Average inventory
= $153 million ÷ $15 million
= 10.2 turns
Answer:
True
Explanation:
The principal purpose of building a business is to make profits. A business must provide solutions to particular needs and wants in the community to attract customers. Different entrepreneurs will offer alternative or similar solutions to a specific situation.
Anyone starting a business will target a particular set of customers. He or she must be ready to complete for those customers with other like-minded entrepreneurs. Competition is good in business as it makes entrepreneurs innovate on the best ways to serve their customers. It also gives customers alternatives.
Refrained from making commitments to its partners and ensured that they do the same.
A strategic alliance is supposed to be two or more companies working together to achieve a common goal while still maintaining their independent company identity, but if they fail to manage that relationship then the should refrain from making promises or goals they cannot keep.
I think the rate of interest is 14 hope this helps
Because if you divide 880 by 63 you would just keep 14 without adding
Answer:
Sell 33 contracts
Explanation:
According to the scenario, computation of the given data are as follows:
Price of yellow corn = 95% of red corn
Bushels grows = 156,750
So, yellow corn bushels = 156,750 × (1 ÷ 95%)
= 165,000
So, number of contracts sell = 165,000 ÷ 5,000
= 33 contracts.
Hence, the farmer Brown should sell 33 contracts to hedge his position.
