Answer:
The correct answer is C.
Explanation:
Giving the following information:
Production and sales estimates for April are as follows: Estimated inventory (units), April 19,000 Desired inventory (units), April 30 18,000 Expected sales volume (units): Area 3,000 Area 4,750 Area 4,250
Production:
Sales= 12,000
Ending inventory= 18,000
Beginning inventory= (19,000)
Total= 11,000 units
Answer:
a. Decrease liabilities and decrease assets
Explanation:
First option "Decrease liabilities and decrease assets" is the correct option as far as only payment part of Journal entry is concerned.
Since Dividend is declared on 15 July on That date entry would have been:
Shareholder's Equity........Dr
To Dividend Payable(Liability) A/c......Cr
Then, on Payment date i.e. 15 august entry would be:
Dividend Payable(Liability)A/c.......Dr
To cash/Bank A/c..........Cr
Therefore, Liability is Decrease also asset is decreased on 15th August, 2020.
Answer:
d. Reduce average Inventory
Explanation:
Inventory turnover ratio represents how quickly an entity's inventory is converted into sales and cash is generated.
Inventory turnover in days is computed as;
= 
Inventory turnover ratio can be computed as:
= 
Average stock = 
wherein, Op stock = Opening stock
Cost of Goods Sold = Sales - Gross Profit
A reduction in the average inventory level would increase the inventory turnover ratio, and thus reduce the inventory conversion period from 80 days to a lower level.
Answer: born global
Explanation:
An organization that is global within two years of its inception with a major focus on foreign markets rather than its domestic market can be said to be born global.
Since the day such organization is established, they seek to gain competitive advantage over their rivals by using latest technologies and selling their products in different countries.
Answer
False
Explanation
Data mining is the process of turning raw data into useful information
