Answer:
5.25
Explanation:
Inventory turnover = Cost of goods sold / Average inventory
Cost of goods sold = $1,050,000
Average inventory = (Beginning Inventory + Ending Inventory) /2
Average inventory = ($160,000 + $240,000) / 2 = $200,000
Next, use the average inventory value in the turnover formula above;
Inventory turnover = 1,050,000 / 200,000
= 5.25
Therefore, Everett's inventory turnover in 2020 is 5.25 times.
Answer:
358.33 times
Explanation:
The computation of the simple forecast combination is shown below:
= (Forecast sales done by Mary + Forecast sales done by Susan + Forecast sales done by Sarah) ÷ (Total number of observations)
= (341 + 535 + 199) ÷ (3)
= (1,075) ÷ (3)
= 358.33 times
We simply divided the total sales forecasted done by each one by the total number of observations
Answer:<em> Option (A) is correct.</em>
Vitamin water, juice, coffee are other beverage options available to consumers are the one that can represent substitute products in the soft drink industry.
The five forces can be referred to as a model for business analysis that helps to elaborate on why different industries in a certain market are able to endure different levels of profitability. These forces are often used to evaluate competition depth, appeal, and profitability of the market.
<span>The answer in the given statement above is the accounts
receivable conversion. This type of process allows an individual to receive the
amount that he or she converts from paper check into a real amount when scanned
under an electronic machine in which is being described above.</span>
