Answer: Inquiry
Explanation:
According to the given question, by using the procedure of the business process for making the various types of decisions and the Trevor should perform the inquiry process for determining the ethical and some legal issues.
The inquiry is one of the type of approach that is helps in developing the problem solving ability and also the information processing.
It is the process that has ability for resolving various types of problems or ussies by implementing a compliance policies.
Therefore, Inquiry is the correct answer.
A purpose of government regulation in a mixed-market economy is to protect A) Property rights
Answer:
Explanation:
Base on the scenario been described in the question, we use the following method to solve the question
d = 75 lbs/day 200 days per year
D= 15,000 lb/year H= $3/lb/year S= $16/order
Answer:
Cost of goods will be $4670325
Explanation:
We have given current liabilities = $407000
A quick ratio = 1.90
Current ratio is 3.40 and inventory turnover = 4.50
We know that current ratio is the ratio of current assets and current liabilities
So ![3.4=\frac{current\ assets}{current\ liabilities}](https://tex.z-dn.net/?f=3.4%3D%5Cfrac%7Bcurrent%5C%20assets%7D%7Bcurrent%5C%20liabilities%7D)
So current assets = $1383800
Now quick ratio is equal to = ![\frac{current\ assets-inventory}{curtrent\ liabilities}](https://tex.z-dn.net/?f=%5Cfrac%7Bcurrent%5C%20assets-inventory%7D%7Bcurtrent%5C%20liabilities%7D)
So ![0.85=\frac{1383800-inventory}{407000}\\](https://tex.z-dn.net/?f=0.85%3D%5Cfrac%7B1383800-inventory%7D%7B407000%7D%5C%5C)
Inventory = $1037850
Inventory turnover is given 4.5
So ![4.5=\frac{cost\ of\ goods\ sold}{average\ inventory}](https://tex.z-dn.net/?f=4.5%3D%5Cfrac%7Bcost%5C%20of%5C%20goods%5C%20sold%7D%7Baverage%5C%20inventory%7D)
![4.5=\frac{cost\ of\ goods\ sold}{1037850}](https://tex.z-dn.net/?f=4.5%3D%5Cfrac%7Bcost%5C%20of%5C%20goods%5C%20sold%7D%7B1037850%7D)
So cost of goods sold = 4.5×$1037850 = $4670325
Answer:
Dodd-Frank Act of 2010
Explanation:
The Dodd-Frank Wall Street Reform and Consumer Protection Act was enacted as stated by its name to change how Wall Street worked (well not only Wall Street, but the financial system) and to specially protect the small investor. It was promoted by Senator Chris Dodd and Representative Barney Frank as a result of the great recession suffered between 2008 and 2010, which was primarily caused by an inefficient and sometimes even corrupt financial system. It is a very long and complex law, but it mainly places strict regulations on lenders, banks and other financial institutions.