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Delvig [45]
2 years ago
9

Identify the business environment associated with each of the following factors.

Business
1 answer:
Lady_Fox [76]2 years ago
6 0

Answer:

There are five elements of the Business Environment. They are:

  • Economical Environment
  • Social Environment
  • Political Environment
  • Legal Environment
  • Technological Environment

Each of the 12 factors listed in the question must belong to one category of environment. They are classified as follows:

Explanation:

<em>Economic Environment</em>

  • Inflation
  • Economic Recessions
  • Investment Funds

<em>Social Environment</em>

  • Employees
  • Cultural Factors

<em>Political Environment </em>

  • Management
  • Political Factors
  • Business Structure
  • Entrepreneur
  • Geographical factors

<em>Legal Environment</em>

  • Employees
  • Business Structure

<em>Technological Factors</em>

  • Tools and Equipment
  • Technology applied

Cheers

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3M Co. reports beginning raw materials inventory of $930 million and ending raw materials inventory of $880 million. 3M purchase
Naddik [55]

Answer:

raw material inventory turnover = 4.42

number of days sale in raw materials inventory = 21.97

Explanation:

given data

beginning inventory = $930 million

ending inventory = $880 million

purchased raw materials  = $3,956 million

used raw materials  = $4,006 million

solution

we get here first raw material inventory for turnover that is

raw material inventory turnover = \frac{raw\ material\ used}{average\ raw\ material}    ..............1

here average raw material inventory = \frac{930+880}{2}

average raw material inventory = $905 million

so from equation 1

raw material inventory turnover = \frac{4006}{905}  

raw material inventory turnover = 4.42

and

now number of days' sales in raw materials inventory will be as

number of days sale in raw materials inventory = \frac{ending\ raw\ material\ inventory}{raw\ material\ used}  × 365   .............2

put here value

number of days sale in raw materials inventory = \frac{880}{4006}  × 365

number of days sale in raw materials inventory = 21.97

8 0
3 years ago
Job 543 started on june 1 and finished on july 15. Total cost on july 1 was​ $10,800, and the costs added in july were​ $164,300
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Answer:

$175,100

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Job 523 started on June 1 and ended on July 15

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The provided statement is true.

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