Answer:
5.25
Explanation:
Inventory turnover = Cost of goods sold / Average inventory
Cost of goods sold = $1,050,000
Average inventory = (Beginning Inventory + Ending Inventory) /2
Average inventory = ($160,000 + $240,000) / 2 = $200,000
Next, use the average inventory value in the turnover formula above;
Inventory turnover = 1,050,000 / 200,000
= 5.25
Therefore, Everett's inventory turnover in 2020 is 5.25 times.
Abc migrated to a Corporation type of company to reduce cost.
Answer:
Multibranding strategy
Explanation:
Multibranding strategy can be defined as a type of strategy in which a company gives its product a different brand name. It involves a producer selling different brands under the same product segment.
In Multibranding strategy there is no space for other competitors in the market. This strategy also strengthens the influence of these various products in the market.
A Multibranding strategy can lead to a great loss if it is not properly handled by the management of the organisation.
Stir sugar, cream and milk into a sauce pan over low heat until sugar has dissolved Heat just until mix is hot and a small ring of foam appears around the edge. 2. Transfer cream mixture into a pour able container such as a large measuring cup. Stir in vanilla extract and chill mix thoroughly, at least two hours. 3. pour cold ice cream mix into an ice cream container, turn on the machine, and churn according to the manufacturers directions. 20 to 25 min. 4. When ice cream is softly frozen, swerve immediately or place a plastic wrap directly on the ice cream and place in freezer to ripen, 2 to 3 hrs <span />
Answer:
Strategic dissonance
Explanation:
Based on the information provided within the question it can be said that the term that best illustrates the situation is Strategic dissonance. This term intents to describe the disconnect between the organization's actions from their actual intent. Which seems to be the case in this scenario as Cardwire Inc. has lowered it's prices in order to sell more and lower it's overall costs but has instead spent more on buying raw materials.
