Answer:
$5572500
Explanation:
consolidated cost of goods sold for 2020 would be:
consolidated cost of goods sold = ( total of goods sold by bought company ) - ( intra-entity transfer ) + ( ending unrealized gross profit ) - ( beginning unrealized gross profit )
= ( 5400000 + 1200000 ) - ( 1000000 )+(1000000*20%)*20% - {(650000*15%)*(450000/650000)}
= 6600000 - 1040000 - ( 97500 * 45/65 )
= $5572500
Answer:
the function responsible for the coordination of planning, sourcing, purchasing, moving, storing and controlling materials in an optimum manner so as to provide a pre-decided service to the customer at a minimum cost
Answer:
1.45 times
Explanation:
The computation of company's fixed asset turnover ratio is shown below:-
Average of Net Property, plant and equipment = ($3.0 million + $3.9 million) ÷ 2
= $6.9 million ÷ 2
= $3.45 million
Fixed asset turnover ratio = Net Sales ÷ Average of Net Property, plant and equipment
= $5 million ÷ $3.45 million
= 1.45 times
Therefore for computing the fixed assets turnover ratio we simply applied the above formula.
If your job at the company is to improve existing products, you are probably using the development strategy.
<h3>What is the development strategy?</h3>
This is the term that is used to do with the actions that would involve the research and the identification of the strategic options in the business. It has to help in such a way that it would provide the resources that would help in the achievement of objectives.
Hence we can say that If your job at the company is to improve existing products, you are probably using the development strategy.
Read more on development strategy here: brainly.com/question/27801561
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