Answer:
The inventory turnover ratio is 3.58 times
Explanation:
Inventory turnover ratio an efficiency ratio that indicates how many times a company sells and replaces its stock of goods during a particular period
Inventory turnover ratio is calculated by using following formula:
Inventory turnover ratio = Cost of Goods Sold/Average Inventory
In there:
Average Inventory = (Beginning inventory + Ending inventory)/2
In the company:
Average Inventory = ($53,000 + $43,000)/2 = $48,000
Inventory turnover = $172,000/$48,000 = 3.58 times
Answer:
Southwestern Mutual Bank
This would increase the loans account and the deposit account by $100 respectively.
Explanation:
a) Data and Calculations:
Southwestern Mutual Bank
Balance Sheet
Assets Liabilities and Owners' Equity
Reserves $150 Deposits $1,200
Loans $600 Debt $200
Securities $750 Capital (owners' equity) $100
Total assets $1,500 Total liabilities + equity $1,500
New customer deposit = $100
New loans made by the owners = $100
Answer:
In short, sustainability in business refers to the effect that companies have on the environment or society. A sustainable business strategy aims to positively impact one or both of those areas, thereby helping address some of the world's most pressing problems, such as climate change and income inequality.
Explanation:
yeah
The effect of the hard lockdown on Eskom's operations was that the parliamentary committees had to leave officials in Pretoria.
<h3>What were Eskom's operations?</h3>
Eskom's operations refer to the operation of the Electricity Supply Commission in South Africa.
When the hard lockdown was placed during the pandemic on Eskom's operations in South Africa, this led to parliamentary committees leaving the officials in Pretoria because they believed that having digital meetings will be better than face-to-face.
hence, The effect of the hard lockdown on Eskom's operations was that the parliamentary committees had to leave officials in Pretoria.
learn more about Eskom's operations:
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Answer:
B. Spending by firms on capital goods is declining.
