Answer:
a lot of money was spent this year
Social safety programs that Americans pay into during their working years through taxes. Both are designed to assist older Americans and distribute benefits to the disabled and their families.
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Answer:
What was Organic Grocers' inventory turnover
ORGANIC
11,58 INVENTORY TURNOVER
Explanation:
The Organic company compared with the industry works with more inventory than the market, which means that the company is less efficient than the Grocery Industry in Inventory management .
ORGANIC
11,58 INVENTORY TURNOVER
11.680,000 Cost Of Goods
1.008,880 Average Inventory
32 DAYS IN INVENTORY
To calculate the Inventory Turnover ratio it's necessary to calculate the average inventory of the year ($1,008,880) , take the Total Cost of Goods ($11,680,000) and divide it by the Average Inventory, the result it's the Inventory Turnover of the company, in this case 11,58
To find the days in inventory we have to divide 365 (days of the year) by the Inventory Turnover, 11,58 the result is 32 days.
To have a similar Inventory Turnover as the industry the company needs to low the average inventory to $898,524.
ORGANIC
13,00 INVENTORY TURNOVER
11.680,000 Cost Of Goods
898,524 Average Inventory
28 DAYS IN INVENTORY
Answer
2
Explanation:
Cost index in dollar - value LIFO method is used to determine the change in prices since the beginning of he base year by comparing the year end inventory to the base layer cost.
The extended cost of the ending inventory at the most recent price is divided by the cost of the ending inventory at the base year price.
Workings
Cost in term of base layer = $50,000
Cost in term of the layer layer $100,000
Cost index = 100000/50000 = 2
Answer:
Cafeteria Plan
Explanation:
The cafeteria plan is minimum benefits that the employer have to provide or personally provide to all the employees working in its organization. In some jurisdictions like USA and Europe, the employer has to provide minimum level of facilities and benefits to the employee which inculdes healthcare, pension contributions, etc.
