RETAIL INVENTORY METHOD SHOULD BE USED BY A STORE .
Explanation:
The retail inventory method is an accounting method used to estimate the value of a store's merchandise. The retail method provides the ending inventory balance for a store by measuring the cost of inventory relative to the price of the merchandise. Along with sales and inventory for a period, the retail inventory method uses the cost-to-retail ratio.
Periodic counts might be once every two months or every three weeks, depending on warehouse size and company needs. This will create better visibility than yearly or seasonal options but it also requires more time and manpower. Workers must ensure they are performing inventory consistently between each count.
Answer:
number of periods = 8 years.
Explanation:
We know,
Future Value = Present value × ![(1 + r)^{n}](https://tex.z-dn.net/?f=%281%20%2B%20r%29%5E%7Bn%7D)
Here,
Present value = PV = $2,500
Future value = FV = $3,500
Interest rate (Compounding) = 5% = 0.05
We have to determine how many years (Periods) it will take, n = ?
Putting the values into the above formula,
$3,500 = $2,500 × ![(1 + 0.05)^{n}](https://tex.z-dn.net/?f=%281%20%2B%200.05%29%5E%7Bn%7D)
or,
= $3,500 ÷ $2,500
or, n log 1.05 = 1.4
or, n × 0.17609 = 1.4
or, n = 1.4 ÷ 0.17609
Therefore, number of years = 7.95 or 8 years.
The first line is Insulation and the second empty line is acted as an insulation
Answer:
<u>Licensing </u> is the correct answer.
Explanation:
Licensing is defined as a trade agreement between a company that gives another company authorization to manufacture its product by contract and payment of royalties for the use of the right to use the trademark.
Companies generally license: design, patents, trademarks, copyrights and others whose purpose is to assist in increasing profitability and expanding business.
Despite being a very profitable strategy worldwide, product licensing is not crucial to a company's success, despite the ease of marketing a product or brand already consolidated and valued by the consumer, it is necessary to ensure compliance in production processes. and focus on marketing and sales.