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
allochka39001 [22]
2 years ago
9

Calculate the average stock in a department with annual sales of $1,840,000 and an annual stock turnover of 5.4.

Business
1 answer:
Ksivusya [100]2 years ago
7 0

Answer:

$366,667

Explanation:

Average stock can be regarded as stock at the beginning of the period as well as stock towards ending of it

Given:

annual sales =$1,840,000

annual stock turnover =5.4.

average stock can be calculated as

average stock =annual sales/

annual stock turnover

= 1,840,000/ 4.5

= $366,667

Hence the average stock in a department is $366,667

You might be interested in
Sony introduces a new compact music player to compete with Apple's iPod that carries a two-year warranty against manufacturer's
iris [78.8K]

Answer: $651,000

Explanation:

From the above question, Apple's iPod carries a two-year warranty against manufacturer's defects.

warranty costs are expected to be approximately 3% of sales.

Total sales are $30.7 million, and actual warranty expenditures are $270,000.

Total warranty cost = $30.7 million x 3% = $921,000

During the 1st year only $270,000 of warranty expenses was made.

Therefore the company will carry as liability at the end of the year a total of $921,000 - $270,000 = $651,000

3 0
3 years ago
 Because of its importance in summarizing your strategy, the Introduction and Overview of your business plan should be 
Rashid [163]

Answer:

Because of its importance in summarizing your strategy, the Introduction and Overview of your business plan should be written last-B.

3 0
3 years ago
While storms could be a cause, power _________ are more likely to be caused by disturbances from high-demand equipment in a home
Vinil7 [7]
I think the answer is “outages”? But I’m not completely sure.
5 0
3 years ago
Find out equilibrium price and output for the following market condition.
Ierofanga [76]

Answer:

At equilibrium demand is equal to supply therefore  

Qd=Qs

50-2P=3P

By collecting like terms

50=3P+2P

50=5P

P=10

THEREFORE  equilibrium price  is 10

Explanation:

6 0
3 years ago
A full summary of all consecutive grants, conveyances, wills, records, and judicial proceedings affecting title to a specific pa
Bad White [126]

Answer:

B) Abstract and opinion.

Explanation:

Abstract and opinion can also be call Abstract of title:

this is the records or evidence of the full history of the property from the conveyance,wills, legal backing, and the list of those people that as assume ownership of the property for a particular period of time.

A full summary of all consecutive grants, conveyances, wills, records, and judicial proceedings affecting title to a specific parcel of real estate, together with a statement of all recorded liens and encumbrances affecting the property and their present status, but not including encroachments and forgeries, is known as a Abstract of Title or Abstract and opinion.

6 0
2 years ago
Other questions:
  • Why do we got to pay for this stuff ?
    8·2 answers
  • Kimberly wants to learn about the latest developments in agricultural tools and equipment. She attends many trade shows and conf
    13·1 answer
  • We argued that when the economic growth in the US is greater than the (economic) growth rates of our trading partners, the trade
    14·1 answer
  • Portraits. Belinda, a famous portrait painter, agreed to paint Harry's portrait for $5,000. She also agreed to paint the portrai
    12·1 answer
  • How can changes in technology or consumer demand make it difficult for people to get jobs?
    8·1 answer
  • Determine the present value of the following single amounts (FV of $1, PV of $1, FVA of $1, PVA of $1,FVAD of $1 and PVAD of $1)
    5·1 answer
  • Some economies are able to maintain high growth rates despite diminishing returns to capital by using
    14·1 answer
  • Someone please help!!!
    7·1 answer
  • the present value of a future sum decreases as either the discount rate or the number of periods per year increases, other thing
    7·1 answer
  • moriband corp. paid a dividend of $2.15 yesterday. the company’s dividend is expected to grow at a steady rate of 5 percent for
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!