What is a stock market? What is an example of a stock market?

Financial statement data for years ending December 31 for tango company follow

maxonik [38]

The inventory turnover for Tango company are: 4.8, 5.3.

<h3>Inventory turnover</h3>

Using this formula

Inventory Turnover = Cost Of Goods Sold / ((Beginning Inventory + Ending Inventory) / 2)

20Y7

Inventory Turnover =$3,864,000 /($770,000+$840,000)/2

Inventory Turnover=$3,864,000/$805,000

Inventory Turnover=4.8

20Y6

Inventory Turnover = $4,001,500 /($740,000+$770,000)/2

Inventory Turnover= $4,001,500 /$755,000

Inventory Turnover=5.3

Therefore the inventory turnover for Tango company are: 4.8, 5.3.

The complete question is:

Financial statement data for years ending December 31 for tango company follow

20Y7 20Y6

Cost of goods sold $3,864,000 $4,001,500

Inventories:

Beginning of year 770,000 740,000

End of year 840,000 770,000

Determine the turnover for 20Y7 and 20Y6.

Learn more about inventory turnover here:brainly.com/question/18914383

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8 0

2 years ago

Last year Attic charged $2,334,667 Depreciation on the Income Statement of Andrews. If early this year Attic purchased a new dep

olga nikolaevna [1]

Answer:

Note: The correct option is a. Increase Net Cash from operations.

Explanation:

Note: This question is not complete as the options are omitted. The options are therefore provided to complete the question before answering the question as follows:

a. Increase Net Cash from operations

b. Decrease Net Cash from operations on the Cash Flow Statement

c. No impact on Net Cash from operations

d. Just impact the Balance Sheet

The explanation of the answers is now provided as follows:

Since the assets was purchased early in the year, depreciation will be charged on it in the income statement for the year at the end of the year. Since depreciation is a non-cash item, it will added back to the net income in the indirect Cash Flow Statement method as one of the adjustments to the net income under the Cash from operations. This adding back of the depreciation will therefore lead to an Increase Net Cash from operations.

Therefore, the correct option is a. Increase Net Cash from operations.

6 0

2 years ago

Investing in stocks and bonds is risky because it is possible to lose all or part of your principal.

Aneli [31]

It's true investing in stocks and bonds is risky because it is possible to lose all or part of your principal.

Investors are unlikely to demand the same returns on their stock investments year after year. Market yields can be expressed as the sum of government bond yields and market risk premiums.

Yes. If you sell bonds before their maturity date, you may incur a loss as the sale price may be lower than the purchase price. Also, if an investor purchases a bond and the company faces financial difficulties, the company may not be able to return all or part of the original investment to the bondholders.

Learn more about bonds at

brainly.com/question/25965295

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8 0

2 years ago

The point when the company makes exactly enough money to pay for itself, without making extra as a profit, is the ____________ p

-BARSIC- [3]

The point when the company makes exactly enough money to pay for itself, without making extra as a profit is the C. Break even point

hope this helps

7 0

3 years ago

Read 2 more answers

At what point does entertainment end and marketing begin? Why did you draw the line there?

Tcecarenko [31]

Answer:

Explanation:

The central idea behind marketing is the idea that a firm or other entity will create something of value to one or more customers. The end objective of marketing is selling a product and in this case we presume marketing means advertisement.

Entertainment can be separated from marketing activities and appeal of entertainment can be used to achieve different goal. Entertainment can only be used for holding attention and interest of audience that would be the consumer or it gives pleasure or delight. It is an idea or task which is developed for keeping attention of audience and this process is accelerated by entertainment industry in order to sell entertainment product. But according to psychologists entertainment is just attainment of gratification and no other result or measurable benefits can be achieved by entertainment and role of entertainment ends here. Marketing begins with encouraging people towards purchasing the commercial product. Behind the scenes tactics like advertising, production, placement and pricing incorporated in marketing. Main objective of marketing is attracting consumers towards the product or services provided by the organization. While entertainment just hold attention and interest of consumers and it is the line between..The central idea behind marketing is the idea that a firm or other entity will create something of value to one or more customers. The end objective of marketing is selling a product and in this case we presume marketing means advertisement.

Entertainment can be separated from marketing activities and appeal of entertainment can be used to achieve different goal. Entertainment can only be used for holding attention and interest of audience that would be the consumer or it gives pleasure or delight. It is an idea or task which is developed for keeping attention of audience and this process is accelerated by entertainment industry in order to sell entertainment product. But according to psychologists entertainment is just attainment of gratification and no other result or measurable benefits can be achieved by entertainment and role of entertainment ends here. Marketing begins with encouraging people towards purchasing the commercial product. Behind the scenes tactics like advertising, production, placement and pricing incorporated in marketing. Main objective of marketing is attracting consumers towards the product or services provided by the organization. While entertainment just hold attention and interest of consumers and it is the line between... entertainment and marketing.

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7 0

3 years ago