Answer:
49.6 days
Explanation:
The average inventory days outstanding is an example of an activity ratio. Activity ratios measures the efficiency with which comapnies carry out their daily tasks
The average inventory days outstanding = number of days in a period / inventory turnover
inventory turnover = cost of goods sold / average inventory
Average inventory = (6,852 + 7,036 ) / 2 = 6944
$51,098/ 6944 = 7.365
365/ 7.365= 49.6 days
Answer:
Place
Explanation:
Logistics describes the handling of goods and supplies goods or services through transport from one destination to another. It includes material handling, inventory control, order fulfillment, order monitoring, shipping, etc.
Logistics therefore facilitates the right commodity, to the right location, to the right customer at the right time, within the specified time limit.
Explanation:
Management is the process of organizing, commanding, coordinating and controlling administrative resources. When we talk about management accounting, we relate to a company's financial resources, which are essential for profitability, payments, investments, etc., that is, so that the business can flow effectively.
Therefore, it is correct to say that managerial accounting is the accounting for effective management because accounting is an instrument of control and management for organizing financial accounts and indexes, these being essential instruments in helping to better decision making in a period of time, giving subsidies for managers to adapt and anticipate negative financial situations for example.
Franchising is a contractual agreement between a firm, the franchisor, and another firm or individual, known as the franchisee.
