Answer: 12
Explanation: The ratio of number of times an inventory is used or sold in a specific period , generally a year, is called inventory turnover ratio. It can be computed by using the following formula :-
= 
where,
cost of goods sold = beginning inventory + net purchase - ending inventory
= $50,000 + $460,000 - $30,000
= $ 480,000
average inventory = 
=
= $40,000
so,
inventory turnover ratio = 
= 12
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Answer:
debt trap
Explanation:
In simple words, debt trap refers to the situation when a company keeps on incurring debt for repaying off the loans taken earlier. It is called trap as the amount of interest on loan keeps on building up making it impossible for the firm to pay it off completely.
Usually the firms starts getting in debt trap when they lack of funds or due to failure of the specific project for which the loans has been taken specifically. Once the firm gets inside such a situation stepping back becomes nearly impassible leading to complete shut down of the firm.
Answer:
The probability to put sock and shoe on all legs is 1/2^8. Therefore the number of correct permutations must be 16!/2^8.
Explanation:
There are two actions for each leg - the sock and then the footwear. All we need to know is to determine a sequence when each leg has been worked on. That is 16/2 for the first section, 14/2 for the second, and so on...
Equivalently, the multinomial coefficient would be (16/2,2,…, 2) = 16!/2^8.
The answer for this question is: Intangible resource
Intangible resource is a type of resource owned by a company that cannot be measured by number and do not have physical form.
Another example for an intangible resource is: employee's loyalty, Human Development within the company, employee's motivation, etc.
