Answer:
7.5 times
Explanation:
Inventory turnover =
We have been provided that,
Cost of goods sold = $15,000,000
Average inventory for the year = $2,000,000
Therefore, Inventory Turnover ratio =
= 7.5 times
It means on an average how many times the inventory is sold, and replaced during the period.
Answer:
AD2 and then to AD3
Explanation:
If the investment is continued to increase by federal reserve it would only be feasible when money creation decreases the interest rate.
The aggregate demand would then be expanded and the aggregate demand curve shifted to the right. The necessary increase in aggregate demand must be such that aggregate shifts in demand curve from AD1 to AD2 to AD3.
Layla could be an efficient employee in reducing the defect rate in the manufacturing and engineering departments
Suppose that a worker earns x$ every other month. In September he earns 5x. We have that his total earnings are 11*x +5x (Eleven months income plus September). Hence 16x is the amount of total earnings. The ratio of earnings in September to the total earnings is
=0.3125. Hence, 31,25% of his earnings where accrued in September.
Answer:
a. False
b. False
c.False
d. True
Explanation:
Statement A is false because a representative sample can be obtained by asking viewers who call into an 800 number. The sample is formed from their voluntary response and would likely be biased. Among the population, there would be a strong opinion due to the type of invitation given. Thus, it could not be a representativeof the population.
Statement B is false because there are more questions in the survey, also, the time taken by the respondents to answer the question increases, this hereby reduces the rate. Thus, it is clear that there isa chance for non-response bias.
Statement C is false because the large sample size does not indicate the validity of the survey. However, the resultsb of the survey may be biased if the large sample is not the representative of the population
Statement D is True