1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
marshall27 [118]
3 years ago
9

Pedee Company's inventory turnover in days is 80 days. Which of the following actions could help to improve that ratio? a.Increa

se the sales price. b.Increase manufacturing costs. c.Reduce the cost of goods sold. d.Reduce average inventory. e.All of these.
Business
1 answer:
snow_lady [41]3 years ago
7 0

Answer:

d. Reduce average Inventory

Explanation:

Inventory turnover ratio represents how quickly an entity's inventory is converted into sales and cash is generated.

Inventory turnover in days is computed as;

= \frac{365\ days}{Inventory\ Turnover\ ratio}

Inventory turnover ratio can be computed as:

= \frac{Cost\ of\ goods\ sold}{Average\ Stock}

Average stock = \frac{Op\ stock\ +\ Closing\ Stock}{2}

wherein,  Op stock = Opening stock

Cost of Goods Sold = Sales - Gross Profit

A reduction in the average inventory level would increase the inventory turnover ratio, and thus reduce the inventory conversion period from 80 days to a lower level.

You might be interested in
Which of these characteristics is NOT applicable to a multinational company?(A) It may serve only one country but have suppliers
Vinil7 [7]

Answer:

(A) It may serve only one country but have suppliers or facilities in other countries.

Explanation:

  • An MNC is a multinational enterprise as its a corporate organization that serves the goods and services and also manages the production the establishments, and thus has a plants located in at least two countries and engages in FDI foreign direct investment as the firm markets have a direct investment in the host countries equity ownership and managerial control.
  • They generally make a significant investment in a foreign country, also buying and selling licenses in the foreign markets and prover their global presence in a variety of ways like advertising costs over the global sales, pooling of global purchasing power over the suppliers, and also spreading R&D and innovation in markets.
7 0
3 years ago
BRAINLIEST
matrenka [14]
Store 
department
class
sub-class 
styles
4 0
3 years ago
Entrepreneurs are scrappy in their quest to gather market intelligence and understand how customers respond to their offerings.
Nuetrik [128]
Thank you for posting your question here at brainly. Below are the choices that should accompanied with the question above, the answer is letter C. 

a. He bought several apartments to rent out under Airbnb
b. He became an Uber driver
c. He lived out of Airbnb rentals full-time
d. He became a bell hop at a San Francisco Hilton Hotel
<span>e. All of the above</span>
5 0
3 years ago
A team has prepared and estimate for what it can get accomplished in a Sprint. The Product Owner has wanted more to get accompli
Dmitry_Shevchenko [17]

Answer: ScrumMaster should ask the Product Owner which other User Story they would like to give up in exchange for the one they want to add for this upcoming Sprint.

Explanation:

The options to the question are:

a. ScrumMaster should replan the Product Backlog and propose better user stories to address in the Sprint.

b. ScrumMaster should ask the Product Owner which other User Story they would like to give up in exchange for the one they want to add for this upcoming Sprint.

c. Stay out of the way as this is not the ScrumMaster's job to resolve.

d. ScrumMaster should ask the team to take the story on and work overtime.

From the question, we are informed that a team has prepared an estimate for what it can get accomplished in a Sprint and that the Product Owner has wanted more to get accomplished in the upcoming Sprint and therefore wants the team to take on an additional user story.

The best way to tackle this conflict is for the ScrumMaster should ask the Product Owner which other User Story they would like to give up in exchange for the one they want to add for this upcoming Sprint. Since an estimate has already been prepared, taking an additional user story will bring about an overestimation. Therefore, to being the right track, the thing to do is to actually give up a user story for the new one to be added.

4 0
3 years ago
The balance sheet of Computer World reports total assets of $350,000 and $450,000 at the beginning and end of the year, respecti
NikAS [45]

Answer:

37.5%

Explanation:

In this question, we are asked to calculate the Value of the cash return on asset

We use a mathematical representation to do this. Let’s get the formula.

Mathematically:

Cash return on assets = operating cash flows/average total assets

According to the question, the operating cash flow has a value of $150,000. The average total assists have a value of (350,000+450,000)/2 = 800,000/2 = $400,000

We input these values into the formula:

Cash return on assets = 150,000/400,000 = 37.5%

5 0
3 years ago
Other questions:
  • Campbell Home Maintenance Company earned operating income of $6,821,100 on operating assets of $58,300,000 during Year 2. The Tr
    11·1 answer
  • A great business idea is
    8·2 answers
  • Should companies be allowed to force stores to obey minimum prices? Yes or no? Explain the reason why you chose yes or no?
    9·1 answer
  • Pedro is using a blog to promote his Afro-Cuban band. His articles on topics ranging from his influences to the instruments used
    9·1 answer
  • How is the value of a product determined? A. By the amount a consumer is willing to pay for it B. By how much it cost the produc
    11·2 answers
  • Name two advantages offered by a credit union.
    10·1 answer
  • Standard Direct Materials Cost per Unit Crazy Delicious Inc. produces chocolate bars. The primary materials used in producing ch
    6·1 answer
  • Which of the following are the fastest growing forms of marketing?
    15·2 answers
  • When it comes to Extended Reality (XR) in business, what fact differentiates Accenture from other companies?.
    12·1 answer
  • Which are the first steps you should consider when constructing an online business strategy.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!