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meriva
4 years ago
14

Music Masters sells a unique assortment of sheet music including just about any published music ever written before 1970. Its cu

stomers are high school and college band directors and choir directors who require several copies of the same music, including music written for a variety of instruments. To buy inventory for resale, the business seeks out wholesalers with large inventories. Due to the fact that cash flow is always an important concern, the owner keeps a watchful eye on how quickly various genres of sheet music sell. To help him in this assessment, which of the following ratios would be an important part of this company's financial analysis?a. asset turnover ratio.
b. inventory turnover ratio.
c. cost of goods sold turnover ratio.
d. sales turnover ratio.
Business
1 answer:
lina2011 [118]4 years ago
3 0

Answer:

Inventory turnover ratio

Explanation:

The inventory turnover ratio will tell the organization whether or not the company will generate more cash in the future this can be witnessed by consecutively using the inventory turnover ratio. The inventory turnover tell how many days the inventory takes to sell them in the market . So if the inventory turnover ratio is decreasing then it is a good news for the company because the revenue of the company is increasing due to increase in the demand of the product in the market and will generate bulk of cash surplus.  

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Mogul Company ships merchandise to Ski Outfit in a consignment arrangement. The arrangement specifies that Ski Outfit will attem
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Answer:

Mogul will report Inventory of $26000

Explanation:

The consignment accounting states that any inventory sent on consignment by the consignor to the consignee belongs to the consignor until it is sold by the consignee. Mogu; company sent inventory costing 110000 and out of this only 84000 is sold. The remaining inventory still belongs to the consignor and the amount of this inventory is 110000 - 84000 = $26000

7 0
4 years ago
If an employee is seeking redress under the eeo compliant process, within how many calendar days must he or she contact an eeo c
Maksim231197 [3]

People often make different kinds of complaints. It takes 90 days before a person can redress an EEO complaint.

<h3>Why the redress of an EEO complaint</h3>

The agency is known to issue a final decision on the individual claim for relief in the time of about 90 days of filing. Here, the decision can be appealed to EEOC's OFO.

An aggrieved individual or DOL employee will have to contact and EEO Counselor within 45 calendar days of any kind of discriminatory action of the effective date of said action.

Learn more about  EEO complaint from

brainly.com/question/10099890

4 0
3 years ago
Yokam Company is considering two alternative projects. Project 1 requires an initial investment of $410,000 and has a present va
densk [106]

Answer:

Profitability index for Project 1 is 3.17

Profitability index for Project 2 is 1.75

The company should prefer project 1 based on the profitability index.

Explanation:

We calculate the profitability index by dividing the present value of future cash flows  by the initial investment. So the profitability index for project 1 will be its future cash flows divided by the initial investment.

1,300,000/410,000=3

Profitability index for Project 1 is 3.17

We will do the same to calculate the profitability index for Project 2

7,000,000/4,000,000=1.75

Profitability index for Project 2 is 1.75

3 0
4 years ago
Which of the following aproches would not make it easier to network with new business contacts at a social gathering?
nexus9112 [7]

Answer: The answer is D; <em><u>talking to only those you think can help you. </u></em>

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When someone is networking at a social gathering, it is imperative to always speak to as many people as possible. Each person has a different take on things and has other professional contacts that can may be helpful to you in the future. Always introduce yourself with a smile and hand out business cards to others.  

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3 years ago
The british economist john maynard keynes believed that recovery from the great depression required first abandoning the:
kirza4 [7]
John Maynard Keynes is known for his economic theory called Keynesian economics. He studied on ways to resolve the problem of the Great Depression. According to Keynes, the government should abandon or reduce tax rates, and at the same time, increase government spending as investments. By increasing government expenditures, it would open more job opportunities and investments into an economic zone. People will have high earnings, and because of lower taxes, they could buy what they want. For Keynes, this type of economic system called capitalism is the solution for the Great Depression.
7 0
3 years ago
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