Answer:
Gross profit = 57%
Inventory turnover = 8.60 Times
Explanation:
The gross profit percentage can be calculated by dividing the gross profit by sales. Inventory turnover can be calculated by dividing the cost of goods sold by the average inventory, in this case average inventory is not given in the question. Average inventory can be calculated by dividing the sum of opening and closing inventory with 2.
Gross profit = (Sales - Cost of goods sold) / Sales x 100
Gross profit = (38,000 - 16,340) /38000 x 100%
Gross profit = 21,660/38,000 x 100
Gross profit = 57%
Inventory turnover = Cost of goods sold / Average inventory
Inventory turnover = 16340/1900
Inventory turnover = 8.60 Times
Average inventory = (1800 + 2000) /2
Average inventory = 1900 Million
Answer: True
Explanation: According to Rey Pfeffer and Robert Sutton, they both advocated that companies can bolster performance and trump the competition through evidence-based management, an approach to decision making and action that is driven by hard facts rather than half-truths, too much ride on gut instinct or intuition, acting without questioning, beliefs, ideologies, and popular fashions of management practices
listed below are the financial and organizational impact on business and how to overcome barriers to evidence-based management in various organizations:
1. Work is fundamentally different than the rest of life
2. The best organizations have the best people
3. Financial incentives drive company performance
4. Strategy is destiny and great leaders are in control of their companies
A. Transportation on land
The New Nationalism
New generation of political leaders
1816: Congress chartered Second Bank of the United States and passed a mildly protective tariff
Support for national internal improvements
<span>The accelerating growth of a national market was due in large measure to the fact that the cost of transportation and land dropped by 95% between 1825 and 1855.</span>
The answer would be C .Team Level
Here are some factors that will positively influence team level :
- More Experience
- More Experts in their field
- A hardworking and Positive personalities
Teams with higher level will be more likely to have more capabilities to face wide variety of difficult problems
Life insurance is most likely classified into categories
such as term, whole and variable. It is classified into categories because of
their contracts where they issue policies that will benefit an individual, a
set of people or even a whole with their given categories.
