The inventory turnover for Giorgio whose cost of goods sold of $9,101 is 4.79 times
<h3>What is inventory turnover?</h3>
This Rreveals how many times a company sells its merchandise inventory during a period.
Inventory turnover is computed as:
= Cost of goods sold / Average inventory
= $9,101 million / $1,900 million
= 4.79 times
Hence, the inventory turnover for Giorgio whose cost of goods sold of $9,101 is 4.79 times
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Answer:
Option 2 is best option on the basis of present value analysis of all the options available.
Explanation:
Option 1 NPV = ($2.21 Annual Inflow * 6.814 Annuity Factor 12 year @10%) = $15.06m
Option 2 NPV = $19.5m
Option 3 NPV = $5.4m + ($1.7m Annual Inflow * 6.145 Annuity Factor for next 10 years @10%) = $15.85m
From the above options the best option available is option 2 which is worth more in todays prices than other options available.
Answer: Pioneering advertising
Explanation: Pioneering advertising refers to the advertising of a product or service, the concept of which is fresh and none of such products had been to any market before. This kind of advertising is done for establishing a new market.
In the given case, the company wants to aware the dog lovers to know about the patio which is a new concept to the world.
Hence the correct option is E.