1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Artemon [7]
2 years ago
13

A manufacturing company has annual sales of $180,000 and inventory of $40,000. The inventory turnover ratio for the company is _

_________.
Business
1 answer:
NISA [10]2 years ago
6 0

Answer:

4.5

Explanation:

Inventory refers to the goods that a company has in its stock. Inventory includes raw materials and finished goods sold by the company.

Inventory turnover refers to the number of times a company sells and replaces its inventory during a given period.

Annual sales of a manufacturing company =\$180,000

Inventory =\$40,000

Inventory turnover ratio for the company = Sales/Inventory

=\frac{180,000}{40,000} =4.5

You might be interested in
Imagine that you own a property that is exactly 2.2 acres large. You want to sell your property, but your realtor tells you that
BlackZzzverrR [31]

Answer:

8,000 m²

Explanation:

you must first change the size of your lot from acres to square miles = 2.2 acres / 640 acres per square miles = 0.0034375 square miles

now we can convert to square kilometers = 0.0034375 miles x 2.56 square kilometers per square miles 0.0055 square kilometers

there are 1,000,000 m²´per km², so you have 0.0088 km² x 1,000,000 = 8,800 m²

7 0
2 years ago
In one paragraph highlight the characteristics of an entrepreneur​
DIA [1.3K]

Answer:

Im not going to type a whole paragraph but ill give you some ideas.

Explanation:

An entrepreneur​ is someone who does many things like owning a buisness or having many hobbies .

7 0
2 years ago
Read 2 more answers
In the Spotlight on Small Business box titled, "Let's Go to the Movies," we learned about a recent marketing idea for movie thea
densk [106]

Answer:

"To differentiate your movie theatre from others" is the correct answer.

Explanation:

  • The small company Spotlight, actually named the smaller biz Spotlight, seems to be a succession of fast, interactive conversations that highlight prominent small business owners.
  • Published the Wikipedia pages but instead, continue the screening process to submit to see your own company featured throughout a spotlight section.

So that the above would be the correct answer.

7 0
2 years ago
Whenever the production of a good creates negative externalities, an unregulated market will result in:
sp2606 [1]

Answer:

Option (C) is correct.

Explanation:

In an unregulated market, negative externality results in a higher social marginal cost than the firm marginal cost because this market is not properly regulated by the government officials. Hence, these firms are not taking into account the effect of negative externalities in their cost.

We know that the consumer's decision is more offenly based on the point where the marginal cost is equal to the marginal benefit because they are not taking the impact of negative externalities.

If proper action is not taken by the government, negative externality will result in a market inefficiencies.

6 0
3 years ago
A writer, an illustrator, a publisher and an agent would form a
PIT_PIT [208]

Answer:

B. Cross-functional team

Explanation:

7 0
3 years ago
Read 2 more answers
Other questions:
  • Employees in engineering and marketing divisions often disagree with each other about how to achieve targets mainly because they
    14·1 answer
  • The United States Navy purchases uniforms from a single supplier. For the last twenty-five years, the trousers purchased from th
    6·1 answer
  • Don (67) and Carol (66) are married and file a joint return. Their gross income (including 1/2 of their social security) for 201
    6·1 answer
  • JRE2 Inc. entered into a contract to install a pipeline for a fixed price of $2,200,000. JRE2 recognizes revenue upon contract c
    11·1 answer
  • Clorox sells five major product lines including cleaning, household, lifestyle, professional, and international. Together the pr
    5·1 answer
  • Equipment with a cost of $150,000 has an accumulated depreciation of $100,000. What is the historical cost of the equipment?
    5·1 answer
  • A​ _____ is in​ top-down format and shows each level of​ design, its relationship to other​ levels, and its place in the overall
    9·1 answer
  • Which of these represent the correct order of steps of the flow of accounting information? Prepare a trial balance. Analyze what
    5·1 answer
  • Karla Salons leased equipment from Smith Co. on July 1, 2021, in a finance lease. The present value of the lease payments discou
    5·1 answer
  • Mary Stahley invested $4500 in a 48-month certificate of deposit (CD) that earned 9.5% annual simple interest. When the CD matur
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!