Explaining the upward trend in the inventory turnover ratio requires more examination into the factor responsible for the cause of the increase in inventory turnover. Inventory turnover could be as a result of declining inventory or increasing sales.
<h3>Description of inventory turnover.</h3>
Inventory turnover is an example of an activity ratio Activity ratios measure a firm's efficiency in performing daily tasks.
Inventory turnover is cost of goods sold divided by average inventory.
The higher inventory turnover is, the better. But it should be noted that a higher inventory turnover could be a s result of declining inventory or increasing sales.
To learn more about financial ratios, please check: brainly.com/question/26092288
Answer:
The answer is: A) High ; Low
Explanation:
A high interdependence group is usually referred to a "Team". Each member has a task to do and his/her performance is very dependent on the tasks other team members are doing.
The term "Team" is used to exemplify groups within an organization as sports.
On the other hand, groups that only value its members personal merits and achievements develop low interdependence between members. Some professions are known for following this type of approach, i.e. accountants.
Answer: Native American order contains patriarchal elements; men were involved in all segments of life.
Explanation:
In addition to being involved in leading and organizing their tribes, the Indians performed other tasks. They often did the work of constructing permanent residences but also cultivating fields where different crops were grown. Some crafts were also developed, and significant were the ones where the jewelry was made. The woman was highly respected in Native American society.
Men and women played different roles but generally had equal rights. In some tribes, the chief was a man but was elected by women. Today, about 25% of Native American tribes recognized by the federal government are women-led.
I think there is 56 professional teams in denver
Answer:
Yes I agree
Explanation:
The accountant is referring to the accrual method of accounting. In the accrual accounting approach, revenue is recognized the moment a transaction that results in income has happened. For example, revenue from sales will be recorded once goods have been delivered and an invoice generated.
The accrual method is the most preferred method of accounting by medium and large businesses in the US. It recognizes revenue and expenses in the period that the corresponding economic activities occur regardless of whether money has changed hands. The other accounting technique is the cash accounting that recognizes revenue and expenses only when money has changed hands.
