Answer: 12
Explanation: The ratio of number of times an inventory is used or sold in a specific period , generally a year, is called inventory turnover ratio. It can be computed by using the following formula :-
= 
where,
cost of goods sold = beginning inventory + net purchase - ending inventory
= $50,000 + $460,000 - $30,000
= $ 480,000
average inventory = 
=
= $40,000
so,
inventory turnover ratio = 
= 12
The ratio of the increase in equilibrium real GDP to the increase in autonomous expenditure is named the multiplier. In addition, when the economy is at full occupation, the aggregate demand is equivalent to the aggregate source. In other words, the total amount of goods and services necessitated by consumers is equal to the total quantity of goods and services made by producers. The full employment GDP happens when the labor market is in balance. The autonomous expenditure is used to define the constituents of an economy aggregate expenditure that is not obstructed by that similar economy real level of revenue.
Answer:
The answer is "Mission".
Explanation:
Vision is a dream. In fact, it is the dream of the founders of where the business will go and what it will do!
Mission is the foundation of realization of the Vision and afterwards the organizational strategies and objectives are created based on the mission.
having a realist and attainable mission is a must for an organization to thrive!
Answer:
Cross- functional team
Explanation:
Cross- functional team, is the team which is defined as the group of people who came together with the different functional expertise of working against the common goal.
This team may involve the people from human resources, finance, operations and marketing department.
It occurs when the specialist from different areas are put on the same team. So, in this case, XYZ bring together the specialist, which implies that the firm is creating the team of cross- function.
