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Furkat [3]
3 years ago
6

Among the advantages of cycle counting is that it: allows more rapid identification of errors and consequent remedial action tha

n is possible with annual physical inventory. makes the annual physical inventory more acceptable to management. does not need to be performed for less expensive items. does not require the detailed records necessary when annual physical inventory is used. does not require highly trained people.
Business
1 answer:
djyliett [7]3 years ago
5 0

Answer:

Allows more rapid identification of errors and consequent remedial action than is possible with annual physical inventory

Explanation:

Cycle counting is a prominent stock tallying arrangement that enables organisations to include various things in various zones inside the distribution centre without calculating the whole stock. Cycle checking is an inspecting method where the count of a specific number of things derives the mean the entire distribution centres. It also helps in the identification of errors.

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Jamison Company had sales revenue and operating expenses of $5,000,000 and $4,200,000, respectively, for the year just ended. If
Evgesh-ka [11]

Answer:

A,. 13.33%.

Explanation:

Return on Investment (ROI) which gives the efficiency of a particular investment

We were given invested capital amounted as $6,000,000, and operating expenses as $5,000,000

We can calculate net income by substracing equal sales revenue from operating expenses

net income can be calculated as = ($5000000-$420000)

= $800000

ROI can be calculated as

net income/Capital investment

$800000/$6000000

=. 13.33%.

4 0
2 years ago
You found your dream house. It will cost you $300000 and you will put down $30000 as a down payment. For the rest you get a 30-y
Andrews [41]

Answer:

$1,282.80

Explanation:

The PMT formula is used for this question. The attachment is shown below:

The NPER shows the time period

Given that,  

Present value = $300,000 - $30000 = $270,000

Future value = $0

Rate of interest = 4% ÷ 12 months = 0.33%

NPER = 30 years × 12 months = 360 months

The formula is shown below:

= PMT(Rate;NPER;-PV;FV;type)

The present value come in negative

So, after solving this, the answer is $1,282.80

5 0
3 years ago
Define bank run in your own words.​
lina2011 [118]

Answer:

A bank run occurs when a large number of customers of a bank or other financial institution withdraw their deposits simultaneously over concerns of the bank's solvency. As more people withdraw their funds, the probability of default increases, prompting more people to withdraw their deposits.

5 0
2 years ago
Tortilla chips are most likely _____ products, since they are purchased with little shopping effort.
liubo4ka [24]
Tortilla chips are most likely Convenience <span>products since they are purchased with little shopping effort.
Convenience products refer to the type of products that bought by the customers without proper plannings Usually these type of products are cheap, fast to consume, and ordered in a pretty large quantity., </span>
3 0
3 years ago
The tendency to seek out information that reaffirms past choices and to discount information that contradicts past judgments is
Scrat [10]
~ The tendency to seek out information that reaffirms past choices and to discount information that contradicts past judgments is known as •Confirmation Bias•.
7 0
2 years ago
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