Answer:
The correct answer is B.
Explanation:
Giving the following information:
Year 2 Year 1
Net sales $651,500 $583,700
Cost of goods sold 389,300 360,920
Ending inventory 78,500 80,180
To calculate the inventory turnover, we need to use the following formula:
Inventory turnover= Cost of goods sold/ average inventory
Average inventory= (beginning inventory + ending inventory) / 2
Average inventory= 158,680/2= 79,340
Inventory turnover= 389,300/79,340
Inventory turnover= 4.91
Answer:
C) Zac and Aaron.
Explanation:
Product liability is defined as the liability that is borne by the manufacturer of a product for putting defective product in the hands of the consumer. The manufacturer will be liable for any harm that occurs as a result of use of the product.
In this instance due to a defect attributable to Forest & Field's negligence, Zac is injured in an accident in which his neighbor Aaron is also hurt.
The company is liable to Zac who bought the backhoe and also to Aaron although he did not have direct dealing with Forest & Fields.
Answer:
700 units
Explanation:
The breakeven point is also known as the BEP. The BEP is the number of units a company must sell for sales or revenue generated is equal to the cost incurred. As such, the BEP is the number of units that must be sold for the company to make neither a profit nor a loss.
Both sales and variable cost are dependent on the number of units sold.
The sales less the variable cost gives the contribution margin. The contribution margin less the fixed cost gives the net operating income.
Let the BEP units be T
35T = 11,000 + 3000 + T(13 + 2)
35T - 15T = 14,0000
20T = 14,000
T = 700
The company's new breakeven in units is 700 units
When administering a transfusion of packed red blood cells, it is important to make sure that the entire pack is being transfused within four hours. It should be within this time range in order to avoid the cells to deteriorate and prevent bacterial growth.
