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3 years ago

A sale should always satisfy both a customer’s wants and his or her needs. True False

Business

2 answers:

Zanzabum3 years ago

4 0

Answer:

True

Explanation:

sineoko [7]3 years ago

4 0

Answer:

true

Explanation:

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inventory Turnover and Days' Sales in Inventory The following financial statement data for years ending December 31 for Holland

Varvara68 [4.7K]

Answer:

Year 2014 Year 2013

a) Inventory Turnover ratio 3.4 times and 3.1 times

b) Number of days' sales in inventory 107.3 days and 117.7 days

Explanation:

As per the data given in the question,

As we know that

Inventory turnover ratio = Cost of goods sold ÷ Average inventory

where,

Average inventory

= (Beginning inventory + ending inventory) ÷ 2

For Year 20Y4 :

Average inventory = ($359,160 + $516,840 ) ÷2

= $438,000

And, the cost of goods sold is $1,489,200

So,

Inventory Turnover ratio

= $1,489,200 ÷ $438,000

= 3.4 times

For Year 20Y3 :

Average inventory = ($251,120 + $359,160) ÷ 2

= $305,140

And, the cost of goods sold is $945,934

So,

Inventory Turnover ratio

= $945,934 ÷ $305,140

= 3.1 times

Now

Number of days' sales in inventory = Number of days in a year ÷ Inventory Turnover ratio

For 20Y4

= 365 days ÷ 3.4

= 107.3 days

For 20Y3

= 365 days ÷ 3.1

= 117.7 days

Basically we applied the above formulas

4 0

4 years ago

Use the following corporate bond quote information to answer the questions that follow. Since this is a corporate bond,

Lynna [10]

Answer:

Check the explanation

Explanation:

Bond Cur.Yld. Vol. Close Net Chg.

Doh! 9 ½ 18 9.0 5 105 1/2 - 1/4

Doh! 8 ½ 21 9.4 10 90 1/4 -1/2

1. As given in question:

Closing Price of the first bond: =105.5*10

=1055

Closing Price of the second bond: =90.25*10

=902.5

2. Yesterday's price for first bond: =(105.5+0.25)*10

=1057.5

Yesterday's price for second bond: =(90.25+0.5)*10

=907.5

3. kindly check the attached image below to see the solution to question 3

4. Capital Gain Yield for first bond =(P1-P0)/P0

=(1055-1057.5)/1057.5

=-0.236%

7 0

3 years ago

The simple interest 500,000 amount to 630,000. what is the percentage rate?

3241004551 [841]

26% Subtract 500,000 from 630,000. Then divide the difference by 500,000.

4 0

4 years ago

Orie and Jane, husband and wife, operate a sole proprietorship. They expect their taxable income next year to be $450,000, of wh

docker41 [41]

Answer:

A. 19,800

B. Check answer

Explanation:

In this question, we are asked to calculate or find out two things

Tax payable on $450,000 if they does not incorporate the sole proprietorship and file joint is 108,879.

If they incorporate sole proprietorship and shift $250,000 to it, on balance $200,000 taxable income they pay $36,579 on their individual return and on $250,000 business income at 21% tax payable is $52,500. Thus, total tax payable is $89,079.

By shifting $250,000 income to corporate, they are saving $19,800 in taxes.

Their marginal tax rate is 22% once their income crosses $77,400. It is beneficial if they keep $77,400 taxable in their hands and the balance $372,600 in the hands of the corporate at 21%.

3 0

3 years ago

Please list five words to describe your dominant culture. Please list five words to describe a culture with which you are not a

Karolina [17]

Dominant culture: male, white, middle-class, English speaking, heterosexual

Not a member of: Chinese, transgender, poverty, etc.

6 0

4 years ago