Answer:
5.95
Explanation:
Deere inventory turnover for 2017 ratio is:
Formula for Inventory Turnover Ratio= Cost of Goods sold / Average Inventory
Where Average Inventory = (Previous Inventory + Current Inventory) / 2
= ($2,267 + $2,999) / 2
=$5,266 / 2
=$2,633
Average Inventory = $2,633
Therefore, Inventory Turnover Ratio = $15,661 / $2,633 = 5.9479 = 5.95
Deere Inventory Turnover for 2017 Ratio is 5.95.
The entry to record the transaction for materials requisitioned by the production department is to
Debit WIP $156,000
Credit Materials $156,000
Organization accountants should account for direct and indirect materials one after the other. The magazine entry for direct substances, this is, substances that can be without delay traced to merchandise, is a debit to the paintings in technique and a credit to the raw materials inventory accounts.
To file materials used in manufacturing, a debit for the value of raw substances is made to the WIP inventory account and a credit score is made to the raw substances account. Exertion fees are spilt between direct and indirect labor.
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A company is assessing opportunities in the BRIC countries and determines that India is one of the youngest populations in the world and is increasingly adopting global attitudes.
Explanation:
The BRIC classification acronym refers to the nations of Brazil, Russia, India and China that are perceived to be developing nations working their way towards becoming developed nations during a similar stage of newly established economic growth.
India is among the youngest people worldwide with such a median age of 26.7 years. Her young people are becoming more and more urban, residing in growing cities and shopping in malls.
There is a shortage of modern facilities and structures to handle India's retail environment. India's population, especially in technical fields, is highly skilled.
Answer:
1) False
when the inflation is lower than expected, the real interest rate will be higher, since
real interest rate = Nominal interest rate - inflation.
2) Gains
In case of unexpected lower inflation the lender gains and the borrower loses.This is because real value of the loan increases due to lower inflation.
3) Loses
In case of unexpected lower inflation the lender gains and the borrower loses.This is because real value of the loan increases due to lower inflation.
International bond that is sold primarily in countries other than the country of the currency in which the issue is denominated.
<h3 /><h3>What is Eurobond?</h3>
A Eurobond is a debt instrument that's denominated in a currency other than the home currency of the country or market in which it is issued.
Eurobonds are frequently grouped together by the currency in which they are denominated, such as Eurodollar or Euro-yen bonds.
Eurobonds are the bonds denominated in a currency other than that of the country in which they are issued.
A bond denominated in Japanese Yen and issued in the UK, or a bond denominated in US dollars and issued in France or the UK are examples of Eurobonds.
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