Answer:
option (D) 10.34
Explanation:
The inventory turnover ratio for 2016 will be given as:
= [Cost of goods sold ] ÷ Average inventory
also,
Cost of goods sold in 2016 = $148,669
Average inventory = [ 2015 inventory + 2016 inventory ] ÷ 2
= [ 14,001 + 14,760 ] ÷ 2
= 28761 ÷ 2
= 14,380.5
Therefore,
The inventory turnover ratio for 2016 = $148,669 ÷ 14,380.5
= 10.34
Hence,
The answer is option (D) 10.34
Answer: The demand is shared with the new company that enters the market.
Explanation: The Cournot duopoly is an imperfect competition model, that is, the law of supply and demand is not freely used, in which two companies with equal costs compete with homogeneous goods in a static environment, that is, with the same characteristics.
For example: A leading brand of soda in the market, get a competitor that has the same characteristics. People will prefer one of the two brands and they will always lead the market, but they will have to divide the market.
<span>If the investment accelerator from an increase in government purchases is larger than the crowding out effect, then the multiplier is probably greater than one. The crowding out effect within economics is defined as a theory that when public sector spending rises, it can drive down or eliminate private sector </span>spending. Public sector spending is government spending whereas private sector spending is for-profit businesses that aren't owned or operated by the government.
Answer:
85 less rooms this year than last
Explanation:
The number of rooms (n) occupied for this month last year is given by the Room Revenue ($231,470) divided by the daily rate ($76.72):
The number of rooms occupied last year is larger than the number of rooms occupied this year by:
The hotel occupied 85 less rooms this year than last.
Answer:
Explanation:
Serving them with a unique (service/product usage) experience they will not receive form the competition. Create and make a difference for them and tell them about that.
E.g. - the idea of exclusivity air a personalized approach.
