Answer:
B) Inventory turnover ratios
Explanation:
Inventory turnover measures how many times a business sells and replaces its merchandise or materials inventory during an accounting period, usually a year.
One of the basic goals of JIT is to lower the total inventories in a company, therefore increasing the inventory turnover ratio. This reduces the company's operating costs.
Answer:
Total interest paid = $606.63
Explanation:
First calculate the monthly payment for first six months
Monthly interest for first 6 months =.006/12=.0005
= 6500*(1.0005)^6
=6519.52
Interest rate for next six months
=17.37%/12=1.45%
(1.0145)^6=1.090054
=6519.52*(1+.0145)^6
=7106.63
Total interest paid = 7106.63-6500
Total interest paid = 606.63
It is faster to find/get on a device instead of looking for the cards in your bag, folder, binder, etc.
Answer :
. a proposed firm's goals, strategy for achieving them, and standards for measuring success.
Explanation:
A business plan is a proposed firm's goals, strategy for achieving them, and standards for measuring success.
The business plan outlines how the firm will meet it set goals and objectives and the strategy it will use in achieving them. It must also include how the firm will measure it's success.
It is a written orderly statement of the firm's goals ,methods of achieving the set goals and how it will measure its achievement.
Business plan gives the organisation a sense of purpose.
Answer:
Salaries expense A/c Dr $34,000
To Cash A/c $34,000
(Being the salary is paid for cash is recorded)
Explanation:
The journal entry is shown below:
On January 3
Salaries expense A/c Dr $34,000
To Cash A/c $34,000
(Being the salary is paid for cash is recorded)
Since salary is paid so we debited the salary expense account and the cash is reduced so cash account should be credited.
The options which are given are not correct. So, ignored it
