Answer:
Gross profit = 57%
Inventory turnover = 8.60 Times
Explanation:
The gross profit percentage can be calculated by dividing the gross profit by sales. Inventory turnover can be calculated by dividing the cost of goods sold by the average inventory, in this case average inventory is not given in the question. Average inventory can be calculated by dividing the sum of opening and closing inventory with 2.
Gross profit = (Sales - Cost of goods sold) / Sales x 100
Gross profit = (38,000 - 16,340) /38000 x 100%
Gross profit = 21,660/38,000 x 100
Gross profit = 57%
Inventory turnover = Cost of goods sold / Average inventory
Inventory turnover = 16340/1900
Inventory turnover = 8.60 Times
Average inventory = (1800 + 2000) /2
Average inventory = 1900 Million
Answer:
Advertising
Explanation:
Considering the present market conditions in which this organization operates I propose to the Company Board that the organization starts advertising on various platforms considering the following reasons:
1. Increase Profit:
When we advertise, we create more sales which in turn leads to an increase in profits.
2. Market share:
The market share for this the company expands as a result of increased customers; due to advertising.
3. Builds Goodwill:
As the company becomes a very popular company because of growing advertising it will increase the trust if customers coming.
Answer:
(C) Productive activities.
Explanation:
All the actions detailed are traits of a public power that respect the free market as a system that allocates resources as efficiently as possible. In this case, the public system works for the mechanism of prices functions based on private decisions and firms can rely upon that none public disturbance arises in the future. The other 3 options used to occur when public institutions intervene in the free market.
Answer: Illegal home use.
Explanation:
An illegal home use is when an additional structure is added to an already existing building, or a building is converted to be used for another purpose other than the original plan or purpose for the building which was approved by the government agency in charge city planning.
Illegal home use can lead to: overcrowding, obstruction of emergency fire exits, and exposing building occupants and neighbors to unsafe conditions.
Converting a residential home to an antique store is an example of illegal home use.
Better school supplies and better paper and printers to
