1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
notka56 [123]
2 years ago
9

The Humongous Food Store (HFS) has a turnover ratio of 12. The turnover ratio is revenue divided by average inventory. This mean

s, in a sense, that they sold everything in the store once per month. But HFS is losing money. The manager should:___________
Business
1 answer:
Kazeer [188]2 years ago
8 0

Answer: compare his turnover ratio to other grocery stores' ratios.

Explanation: The manager should "compare his turnover ratio to other grocery stores' ratios" since Humongous Food Store (HFS) is losing money but have a turnover ratio of 12.

A turnover ratio of 12 means that they sold everything in the store once per month. Turnover ratio is the percentage of mural fund or portfolio holdings that have been replaced in a given year or 12 months period.

You might be interested in
PureRinse Inc. is a brand reputed for its wide variants of body wash that introduced its range of shampoos and skin moisturizers
klemol [59]

Answer:

Economics of scope.

Explanation:

Economies of scope can easily described to be situations in which the long-run average and marginal cost of a company, organization, or economy decreases, due to the production of some complementary goods and services. An economy of scope means that the production of one good reduces the cost of producing another related good.

Economies of scope differ from economies of scale, in that the former means producing a variety of different products together to reduce costs while the latter means producing more of the same good in order to reduce costs by increasing efficiency.

6 0
3 years ago
Product focused processes: a) are desirable because resource needs increase slowly with the complexity of a process. b) are proc
LenKa [72]

Answer:

b) are processes that are specialized for relatively few products or customer groups.

Explanation:

As the name suggests these are focused specifically for some products and not for all of the products manufactured by a company. These processes promote the product specification details, by advancing the processes of manufacturing more specific.

These are majorly used for customer specified products, generally identical products. In which no two products are similar in nature. And accordingly, these help in maximum customer satisfaction.

3 0
3 years ago
Use the following items to determine the total assets, total liabilities, net worth, total cash inflows, and total cash outflows
Alexxandr [17]

Answer: should be b

Explanation:

4 0
3 years ago
Glenn is the R&D manager with Quick Print Inc. The company is having a problem with one of its most popular copiers jamming.
xeze [42]

Answer:

Problem Analysis

Explanation:

Problem analysis also known as 'root cause' analysis ensures that “root causes,” not just the symptoms of the problem, are identified and subsequently addressed.

This step comes after the problem identification stage of problem solving.

Therefore as stated in the scenario ''When Glenn analyzes the underlying causes of the paper-jam problem, he is performing the function of problem analysis

5 0
3 years ago
What is the primary way in which insurance allows you to be covered for a loss, even if you haven't had it for very long?
Viefleur [7K]

C. You share the risk with others.

4 0
3 years ago
Read 2 more answers
Other questions:
  • Veronica buys a laptop from a local salesperson, but it turns out to be defective. She tells her friends and relatives about the
    12·1 answer
  • Janet reasons, "It is wrong to lie. However, it is okay to overstate my expense account on my recent business trip because I nee
    5·1 answer
  • Cassy Budd Company has a defined benefit pension plan. At the end of the reporting year, the following data were available: begi
    8·2 answers
  • The Cash Over and Short account:Select one:a. Is used to record a credit balance in the cash account.b. Is an income statement a
    11·1 answer
  • On June 1, 2019, the City of Allentown, PA issued at par, a ten-year, 5.5%, $5,000,000 in serial bonds, with interest payable se
    13·1 answer
  • 9.
    6·1 answer
  • This firm is a natural monopoly. True False If the firm produces 68 units and charges $28 per unit, it will in the long run. Whi
    12·1 answer
  • Assume that the economy has three types of people. 20% are fad followers, 75% are passive investors, and 5% are informed traders
    7·1 answer
  • When inflation was expected to be high and it turns out to be low, wealth is redistributed from debtors to creditors. / true or
    10·1 answer
  • Calculate Tim's marginal revenue and marginal cost for the first seven frying pans he produces, and plot them on the following g
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!