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
rusak2 [61]
3 years ago
6

Zhang Company reported Cost of goods sold of $835,000 and ending Inventory of $41,750. The Days' sales in inventory (rounded to

whole days) is:_______
a. 7 days.
b. 418 days.
c. 56 days.
d. 18 days.
e. 20 days.
Business
1 answer:
vazorg [7]3 years ago
8 0

Answer:

d. 18 days.

Explanation:

The Days' sales in inventory measures the number of days taken to sell inventory in a period.

The Days' sales in inventory formula is provided below:

Days Sales of Inventory = (Ending Inventory / Cost of Goods Sold) x 365

Ending inventory=$41,750

cost of goods sold =$835,000

Days Sales of inventory=($41,750/$835,000)*365

Days Sales of inventory=18.25 (18 when rounded to whole day)

You might be interested in
This chapter states that most economists would probably maintain that new technologies are the single most important source of p
maks197457 [2]

Answer:

the correct answer is c)Poor countries do not benefit from new scientific knowledge to the same degree that rich countries do, since they lack the resources required to apply the knowledge widely in a beneficial way.

Explanation:

although novel technologies enable economies to be more productive and achieve greater potentials, in poorer countries they lack the necessary infrastructure and human resources to harness the full potential of this technologies. Also, the initial costs of applying these technologies is higher as well.

Because of this, these new technologies do not benefit the poor countries much.

4 0
3 years ago
Which of the following characteristics differentiates a firm in an oligopolistic market from a firm in a perfectly competitive m
Oliga [24]

Answer:

A) A firm in an oligopolistic market has to consider its own impact on price when making production decisions

Explanation:

A perfectly competitive market is a market with many firms selling identical product. There are free entry and free exist and the decision of a firm does not affect the price in the market as all firms are price takers. Therefore, each firm is independent under perfectly competitive market and production decisions of a firm in a perfectly competitive market does not affect the price in the market nor will it cause any reaction from other firms.

However, Oligopolistic market is a market where there are few firms which are 3 or more firms but not more than 20 firms selling identical or differentiated product.. Firms in oligopolistic market are interdependent which implies that the decision of one firm can affect price and this can cause reaction from other firms and then lead to a price war. A price war occurs when each firm continually reduces its own price in order to increase its market share which causes other firms to react reducing their own prices and this will make none of the firms to gain in the end. In order to avoid the price war, each firm in an oligopolistic market has to consider its own impact on price when making production decisions.

6 0
3 years ago
Under the fair-value method of recording stock options, companies will report
Alexxx [7]

Answer:  a higher compensation cost relative.

6 0
3 years ago
Suppose a group of people read an article on capital punishment. Prior to reading the article, 60% of the members of the group w
Arturiano [62]

Answer:

According to studies of human decision-making, the most likely is:

c. After reading the article, all members of the group oppose capital punishment.

Explanation:

The article, provided for reading by supporters and opposers, will likely sway the 40% of the group, who are initially supportive of capital punishment, to now oppose capital punishment,especially if the article critically opposes capital punishment.  There is no way majority of the group will support capital punishment.  Therefore, options a and b are incorrect.  For option d, after reading the article, the opinions of some opposers and supporters may shift either way.  They will not remain the same as before.  This rules out option d, leaving only option c as the correct option.

7 0
3 years ago
1. Most students initially believe that if they are good at math, they will be good at accounting.True / False
Contact [7]

Answer:

1. True

2. a & c

3. b

4. a, b & c

5. a, b & c

Explanation:

When you feel interested in math, it's likely accounting is suitable for you.

please read more articles about accounting in these links

https://www.accountingcoach.com/accounting-principles/explanation

https://studymoose.com/foundational-accounting-principles-and-terminology-essay

https://www.edx.org/course/management-accounting-acca-fma-f2-x-8

7 0
3 years ago
Other questions:
  • The economy of Elmendyn contains 3,000 $1 bills.
    15·1 answer
  • The standards for product V28 call for 8.6 pounds of raw material that costs $19.00 per pound. Last month, 2,600 pounds of the r
    7·1 answer
  • Suppose the following data were taken from the 2022 and 2021 financial statements of American Eagle Outfitters. (All numbers, in
    13·1 answer
  • On January 1, 2017, Windsor Corporation sold a building that cost $271,010 and that had accumulated depreciation of $101,000 on
    11·1 answer
  • What questions should someone ask themselves before taking a job?<br><br> what is your answers.
    13·2 answers
  • During which phase of the strategic marketing planning process are managers evaluated on their actions from a conscious marketin
    14·1 answer
  • Match each business structure with the scenario that illustrates it.
    15·1 answer
  • The gaming commission is introducing a new lottery game called Infinite Progresso. The winner of the Infinite Progresso jackpot
    5·1 answer
  • Alguien para hablar estoy sola
    10·1 answer
  • True or False: A company should capitalize advertising expenses if they are expected to produce long term benefits. Group of ans
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!