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yKpoI14uk [10]
3 years ago
6

The inventory turnover measures:

Business
1 answer:
pashok25 [27]3 years ago
7 0

Answer:

The average number of times inventory is sold during the period.

Explanation:

Inventory turnover by definition is the relationship between inventories and the cost of goods sold by a firm. It measures on average, how many times the inventory was restocked and sold in the operating period.

A higher number usually suggests a healthier operation cycle for a business.

It is measured by,

Inventory turnover = Cost of goods sold / Average inventory

Option 1 and Option 3 are related to the performance of accounts receivables. Option 3 is the closest to above mentioned definition. Option 4 is only measuring the inventory clearance time.

Hope that helps.

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Mark Johnson saves a fixed percentage of his salary at the end of each year. This year he saved $2,500. For each of the next 5 y
yarga [219]

Answer:

Mark will have at the end of six years the amount of $25,865.74

Explanation:

According to the given data we have the following:

First investment = 2500

Investment increasing at rate of 10%

Interest rate = 13%

t=6 years

Present value is given by formula = C * [((1+g)^n/(1+i)^n) - 1 ] / (g-i)

C is first value = 2,500

g is increase in investment = 0.10

i is intrest rate = 0.13

n is no of years = 6

Putting values into the equation

P = 2500* [((1+ 0.10)^6/(1+0.13)^6) - 1 ] / (0.10-0.13)  1.771561    2.08195

P = 2500* [((1.10)^6/(1.13)^6) - 1 ] / (-0.03)

P = 2500* [0.8509142870866 - 1 ] / (-0.03)

P = 2500* (-0.14908571)/ (-0.03)

P = 2500* 4.9695236

P=$12,423.809

Future value = P*(1+i)^t

= $12,423.809 *(1+0.13)^6

= $25,865.74

Mark will have at the end of six years the amount of $25,865.74

7 0
3 years ago
Read 2 more answers
What is the difference between the pre-reservation and installment
Taya2010 [7]

Answer:

is that reservation is the act of reserving, withholding or keeping back while installment is the act of installing; installation or installment can be a portion of a debt, or sum of money, which is divided into portions that are made payable at different times payment by installment is payment by parts at different

7 0
2 years ago
An additional worker is hired for an hour at a wage w = $12. the worker produces 4 hamburgers per hour with a price of $3 per ha
Lelechka [254]

The real wage paid to the worker is 4 hamburgers per hour.

<h3>What is Wage?</h3>
  • A wage is the sum of money that an employer pays an employee for work that was completed within a certain time frame.
  • The minimum wage, prevailing rate, annual bonuses, and remunerative rewards like prizes and tip payments are a few examples of wage payments.
  • It is broken down into two parts: a direct cost made up mostly of gross pay plus various benefits; and an indirect cost made up primarily of traditional and legal employer contributions and other fees.
  • Regular and supplemental pay can be divided into two groups.
  • The number of hours worked multiplied by the employee's hourly wage can be used to determine gross wages for hourly workers.

Learn more about wage here:

brainly.com/question/10062041

#SPJ4

3 0
1 year ago
Wage contracts, efficiency wages, and the minimum wage are explanations for why:
hjlf

Answer:

B. Wages tend to be inflexible downward

Explanation:

Wages are flexible if they react to changes in demand and supply. Profitability determines demand and supply level for wages.  Flexibility in wages means that If the economy is performing well, companies should compensate their employees better.

Wage inflexibility implies that wages will not respond to changes in demand and supply. Wages do not rise or fall if the marginal productivity of labor increases or decreases.  Wage contracts are agreements that tend to set compensation for workers regardless of their output.  Minimum wage is a regulatory requirement that demands workers not to be paid below a set rate. Wage efficiency recommends higher than market rate compensation to motivate productivity.

The three factors do not advocate for wages to be pegged on productivity.

7 0
3 years ago
When Coca-Cola creates a website within its website called MyCoke where consumers can create a profile, and exchange thoughts, i
liq [111]
The answer will be virtual community.
8 0
2 years ago
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