Answer:
1. 2.69 times
2. 135.70 days
Explanation:
The computation of inventory turnover is shown below:-
Inventory Turnover Ratio = Cost of Goods Sold ÷ Average Inventory
Average Inventory = Opening inventory + Closing Inventory ÷ 2
= ($109,841 + $150,221) ÷ 2
= $130,031
Inventory Turnover Ratio = $349,744 ÷ $130,031
= 2.69 times
The computation of days in inventory is shown below:-
Days in Inventory = Average Inventory ÷ Cost of Goods Sold × 365
= $130,031 ÷ $349,744 × 365
= 135.70 days
Answer:
e. Samantha, who quits her job to look for a better one
Explanation:
This is a topic in economics and business that seeks to test your understanding of business cycles. This particular question is on frictional unemployment.
The main feature of frictional unemployment is that there is someone or a group of people who are actively looking for work. They remain unemployed until they find work.
The other answers in the question point to people who are not looking for work and thus do not make up part of the frictionally unemployed population group.
E.g Sylvia quit her job to spend more time with the kids, the college student who quit work to return to school etc... all these are not actively looking for job.
I hope this helps you understand the question better and you can solve similar questions
Answer:
A)
+15,200 cash (+A) +15,200 common stock (+E)
B)
-550 cash (-A) +550 supplies (+A)
C)
+1,000 equipment (+A) +1,000 common stock (+E)
D)
+210 supplies (+A) + 210 account payable (+L)
E)
+9,100 Land (+A) - 9,100 cash (-A)
Explanation:
Asset represent things and right the company has.
they will icnrease when purchased and decrease when used.
The liabilities represent the debt which is the purchase in account like (D)
Equity will be the investment make by the owners among the resutl generated for the business.