All categories

3 years ago

On average most companies aim for? Inventory turns per year.

Business

1 answer:

xz_007 [3.2K]3 years ago

7 0

Answer:

Most companies aim for a turnover ratio between six and 12, according to BusinessKnowHow. Turning inventory too many times means a company misses out on potential sales because it does not keep enough product in stock

You might be interested in

Ahmed owns a small motor repair shop that had a cash flow of $297,241 in the current period. If Ahmed expects his business to gr

Tomtit [17]

Answer: $321,020

Explanation:

The cash flow is expected to grow at a rate of 8%.

This means that in the next year it will be 8% higher than the $297,241 it is in the current period.

= 297,241 * ( 1 + rate)

= 297,241 * ( 1 + 8%)

= $321,020

4 0

4 years ago

If a worker’s nominal wage rate increases from $10 to $12 per hour and at the same time the general price level increases by 10

lilavasa [31]

If a worker’s nominal wage rate increases from $10 to $12 per hour and at the same time the general price level increases by 10 percent, the worker’s real wage

3 0

3 years ago

An investor wishes to have $1,000 available in five years. How much should be invested today, if the current interest rate is 5

oksian1 [2.3K]

Answer:

The necessary investement today is $783.53

Explanation:

Giving the following information:

An investor wishes to have $1,000 available in five years. The interest rate is 5%.

We need to use the following formula:

PV= FV/(1+i)^n

FV= 1000

i=0.05

n=5

PV= 1,000/(1.05)^5= $783.53

6 0

4 years ago

Ticker Services began operations in 2015 and maintains long-term investments in available-for-sale securities. The year-end cost

Inessa05 [86]

Answer:

Dec. 31, year 1

Dr Fair value adjustment – AFS (LT) 11,140

Cr Unrealized gain – Equity 11,140

Dec. 31, year 2

Dr Fair value adjustment – AFS (LT) 16,160

Cr Unrealized gain – Equity 16,160

Dec. 31, year 3

Dr Fair value adjustment – AFS (LT) 73,000

Cr Unrealized gain – Equity 73,000

Dec. 31, year 4

Dr Unrealized loss – Equity 3,600

Cr Fair value adjustment – AFS (LT) 3,600

Explanation:

General journal for Ticker Services

Dec. 31, year 1

Dr Fair value adjustment – AFS (LT) 11,140

Cr Unrealized gain – Equity 11,140

($372,000 $360,860)

Dec. 31, year 2

Dr Fair value adjustment – AFS (LT) 16,160

Cr Unrealized gain – Equity 16,160

(455,800-428,500) -11,140

Dec. 31, year 3

Dr Fair value adjustment – AFS (LT) 73,000

Cr Unrealized gain – Equity 73,000

(700,500-600,200)-(455,800-428,500)

100,300-27,300=73,000

Dec. 31, year 4

Dr Unrealized loss – Equity 3,600

Cr Fair value adjustment – AFS (LT) 3,600

(700,500-600,200) -(876,900 -780,200)

100,300-96,700

3,600

5 0

3 years ago

Suppose a firm's tax rate is 35%.

Pie

<span>A $10 million operating expense would be immediately expensed, increasing operating expenses by $10 million. This would lead to a reduction in taxes of $3.5 million. earnings would decline by $6.5 million. There would be no effect on next year's earnings.</span>

8 0

3 years ago