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Evgesh-ka [11]
3 years ago
8

(b) A company had an average inventory last year of $208,000 and its inventory turnover was 6. If sales volume and unit cost rem

ain the same this year as last and inventory turnover is 8 this year, what will average inventory have to be during the current year
Business
1 answer:
RUDIKE [14]3 years ago
7 0

Answer: 156000

Explanation:

The average inventory during the current year would be calculated as follows:

Inventory Turnover Ratio = Cost of goods sold / average inventory

where,

Inventory turnover = 8

Cost of goods sold = $208,000 × 6 = $1,248,000

Average inventory = Unknown

Therefore, 8 = 1248000 / Average inventory

Average inventory = 1248000 / 8

Average inventory = 156,000

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Answer:

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Explanation:

1.  

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6 0
3 years ago
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iVinArrow [24]

Answer:

1.0 percent

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Expected real rate of return can be described as the proportion of the annual return or profit from an investment after deducting inflation.

The purpose of the real rate of return is to show the accurate and actual purchasing power of a certain sum of money over a period of time.

An investor can therefore know what is the real return of a nominal return when the nominal interest is adjusted for inflation.

From the question, we have:

Interest rate on 10-year Treasury note = 2.5 percent

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Therefore, the expected real rate of return on the 10-year Treasury note is derived by subtracting the 1.5 percent expected Inflation from the 2.5 percent interest rate on 10-year Treasury note as follows:

Expected real rate of return on the 10-year Treasury note = 2.5 - 1.5

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Therefore, the expected real rate of return on the 10-year U.S. Treasury note is 1.0 percent.

All the best.

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3 years ago
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In economics, demand is the amount of a good that customers are inclined and capable of purchase at diverse prices at some point of a given time. the connection between price and quantity demand is likewise referred to as the demand curve

Demand is the amount of consumers who're inclined and in a position to shop for products at numerous fees at some stage in a given period of time. demand for any commodity implies the purchasers' desire to gather the good, the willingness and capability to pay for it.

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ValentinkaMS [17]

Answer:

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