Answer:
An important issue to address because the new ratio suggests the product sales of these strategically important products has slowed significantly.
Explanation:
Since in the question it is mentioned that the inventory turnover ratio would be decreased from 6 to 2 so here this means that the new ratio would be significant for that products who has fall significantly as there is a more inventory as compared with the sales of the company
Also the inventory turnover ratio represents the problem that show the fall in the sales & overstocking
Answer:
16. A 17. B
Explanation:
16. A budget for revenue and expenses shows estimated earnings and estimated costs. It is different from a capital expenditure budget, which shows which assets you are going to invest into for the long term.
17. Budgeting should be done prudently. One should understate when it comes to income and overstate when it comes to expenses, so as to not get losses in the future. It is better to make more profit then have more losses in the future
Answer:
A.
Explanation:
The cost principle means that in accounting, any transaction is recorded at the historical purchase price.
A fair value is the amount at which an asset could be exchanged in an arm´s length transaction between knowledgeable and willing parties.
Revaluation of fixed assets is not allowed for GAAP.
An appreciated value is an increase in the value of an asset over time.
A market value is the price at which a product or service could be sold in a competitive, open market.
It is true that reading the abstract of an article give you enough information about its contents. The abstract is the summary of the article that describes the content of the article, the scope, <span>objective,methodology and findings, and finally conclusions</span>. Abstracts are useful for initially evaluating a resource's usefulness.
Steve jobs is dead .......................................
Also what is the question here
