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Vera_Pavlovna [14]
3 years ago
6

Oil Creek Auto has sales of $3,340, net income of $274, net fixed assets of $2699, and current assets of $836. The firm has $417

in inventory. What is the common-size statement value of inventory? Express your answer as a DECIMAL, with at least THREE digits to the right of the decimal
Business
1 answer:
Rom4ik [11]3 years ago
8 0

Answer:

inventory = 0.125

Explanation:

It is asking us to express the inventory as a percent of sales

Th common-size statement refer to express each valeu a percent of sales:

Sales            3,340   100.000%

income           274         8.234%  (274 divided by 3340 times 100)

fixed assets 2,699      80.809%

current assets 836     25.030%

Inventory         417       0.12485  (417/3,340)

the answer should be a decimal so we don't covert to percent.

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What is business office what are they established
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Answer:

A business office is one which is established by the individuals or government for the production and distributions of goods and services with a view of earning money by satisfying the consumers.

Explanation:

They are established by the industrial,trading and service businesses.

6 0
3 years ago
Why can some taxes that appear to be regressive in terms of current income be thought of as progressive from a lifetime tax inci
lara [203]

Answer:

The description is outlined in the clarification segment below, as per the case provided.

Explanation:

  • The prevalence of either a lifetime tax on some kind of fixed income has been known to be a long-term perspective including its broader economic impact of taxation since they complement instead of just replace.
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3 years ago
Apple is known for its innovation. It conducts in-depth marketing research to determine what customers want. Its electronic devi
Ainat [17]

Answer:

The answers are:

  • Product variable
  • Promotion variable

Explanation:

The marketing mix consists of 4 variables (4 Ps)

  1. Product
  2. Price
  3. Place
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The product variable refers to the actual product or service being sold. In Apple´s case it refers to the products´ technical specifications (iOS, memory, speed, screen size, cameras, etc.).

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5 0
3 years ago
The most important social skill in the workplace is _____.
Oksi-84 [34.3K]
<span>The most important social skill in the workplace is having a positive attitude.
</span>
Additional information:
>Social skill<span> is any </span>skill<span> facilitating interaction and communication with others
</span>>Workplace social skills<span> plays a very important rule, specially</span><span> nowadays because  of </span><span> the evolving nature of work. </span>
3 0
3 years ago
A company's marginal revenue function is MR=150−8x1/3, where x is the number of units. Find the revenue function. (Evaluate C so
N76 [4]

Answer:

R(x) = 150x - 6x^{4/3}

Explanation:

Marginal Revenue function = 150 - 12x^{1/3}

Revenue function = \int\limits^a_b {150 - 8x^1/3} \, dx

R(x) = 150x - 8*(x^1/3+1) / (1/3 + 1) + c

R(x) = 150x - 8*3/4x^4/3 + c

R(x) = 150x - 6x^4/3 + c

Given R(o) = 0

R(o) = 0 = O + C --- C = O

R(x) = 150x - 6x^{4/3}

6 0
3 years ago
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