Answer:
13 days
Explanation:
We are to calculate the days of inventory on hand.
Days of inventory on hand = number of days in a period/ inventory turnover
Inventory turnover = Cost of goods sold / average inventory
Cost of goods sold = 0.68 x $948,000 = $644,640
Inventory turnover = $644,640 / $23,000 = 28.027826
Days of inventory on hand = 365 / 28.027826 = 13.02 days
I hope my answer helps you
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Answer:
$443,400
Explanation:
The computation of cash flows from investing activities is shown below:-
For computing the cash flows from investing activities we need to find out first the Sale of equipment
= $84,000 - $34,000
= $50,000
Net cash paid by investing activities = Sale of equipment - Purchase of new truck + Sale of land + Sale of Long-term investments
= $50,000 - $109,000 + $410,000 + $94,200
= $443,400
Answer:
d. Differentiation
Explanation:
Under differentiation strategy, the company differentiates it's products from those of the competitors by the addition of unique attributes which gradually create brand loyalty for such products.
Product differentiation can be accomplished by different packaging, labeling or using different promotional strategies.
Such differentiation may lead to the brand gaining competitive advantage.
In the given case, Armani employs product differentiation strategy for it's products which are targeted at niche category of customers i.e royal customers.
Answer:
Informational
Explanation:
Labeling is important for three specific reasons, including promotional and legal reasons, the third reason is informational.
Labeling is an aspect of branding which makes it easier for product identification to be achieved. A label is a piece of information printed on the package of the product for recognition purposes; this also assist customers to make consumption decisions very quickly and easily.
