Answer:
The inventory TO is 3.6875
Explanation:
![\frac{Sales}{Average Inventory} = $Inventory Turnover](https://tex.z-dn.net/?f=%5Cfrac%7BSales%7D%7BAverage%20Inventory%7D%20%3D%20%24Inventory%20Turnover)
where:
![$$Average Inventory=(Beginning Inventory + Ending Inventory)/2](https://tex.z-dn.net/?f=%24%24Average%20Inventory%3D%28Beginning%20Inventory%20%2B%20Ending%20Inventory%29%2F2)
Considering there is not sufficient information to calculate the begining inventory <u>we are going to work only with the ending inventory </u>so:
![\frac{59,000,000}{16,000,000} = 3.6875](https://tex.z-dn.net/?f=%5Cfrac%7B59%2C000%2C000%7D%7B16%2C000%2C000%7D%20%3D%203.6875)
The inventory TO is 3.6875 This means the company sales their inventory almost 4 times per year.
Answer: When a company is able to offer a good product and enjoy strong customer demand, a franchise owner not only is able to take advantage of the corporate identity but its strong customer base, as well.
A franchise is a kind of a license which allows the party who acquires it (franchisor) access to an business' (franchisor's) proprietary knowledge and processes in order to sell products or provide services under the franchisor's name.
A franchisee associates itself with a well proven business model and gains access to the franchisor's customer base. Additionally, the franchisor provides assistance by training the franchisee and his personnel to provide a uniform product or service experience to customers across all the stores.
All these factors help in eliminating business risk and this constitutes a real advantage to a franchise.
Answer:
C. The government pays farmers $100 per ton of wheat produced.
Explanation:
Subsidy is grant/ financial aid given by government to producers of a commodity, to enable its availability in markets at a lower price.
Government paying farmers $100 tone per wheat produced is a subsidy as : It is a financial assistance given by government to reduce wheat's price in markets.
Bank's low interest rate to farmers is just credit ease policy ; Govt putting a tax on wheat imports is opposite of subsidy ; Farmer paying govt $100 per unit wheat is also a form of tax (opposite to subsidy).
Answer:
Gravity models are used to find location that minimizes the cost of transporting raw material from the supplier and finished goods to the markets served. This model also assumes that the transportation cost grows linearly with the quantity shipped.
Explanation:
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A professional does specialized work that’s primarily A. Degree based. When referring to a job that requires a degree, it is usually classified as a professional job. When you are a professional you are connected to a profession based on your skill sets and engagement in your career. Most of the jobs that are of white-collar level require a degree to be achieved.