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rusak2 [61]
2 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]2 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)

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Which of the following is true? Question 8 options: The convenience yield is always positive or zero. The convenience yield is a
ss7ja [257]

Answer:

The convenience yield is always positive or zero

Explanation:

the convenience fields measure the benefit of owning an asset rather than having a forward/futures contract on an asset . For an investment asset it is always zero . For a consumption asset it is greater than or equal to zero.

8 0
3 years ago
Last year mike bought 100 shares of dallas corporation common stock for $53 per share. during the year he received dividends of
Pepsi [2]
Mike brought 100 shares costing $53 each.
Total costs of shares= 100*53
=$5300

He got dividends of $1.45 per share. A dividend is money that is earnt back from a share.
Total dividend amount = 1.45*100
=$145

I'm assuming that Mike sold his shares at the end of the year. He sells for $60 each.
Total sales amount=60*100
=$6000

The rate of return in this instance can be defined as the amount of money made back from a share.

Rate of return= total earnings/ costs

Total costs= $5300
Total earnings=$6145

6145/5300=1.1594
=15.9%

Hope this helps! :)
4 0
2 years ago
supply chain management: group of answer choices is based on the concept of just-in-time focuses on removing scheduling bottlene
Zarrin [17]

Just-in-time manufacturing is the foundation of supply chain management.

<h3>Describe the meaning of supply chain management?</h3>

It is possible to describe supply chain management as the effective and efficient management of the flow of goods and services as well as all industrial processes involved in converting raw materials into completed items that satisfy consumers' unquenchable want and demand.

In general, supply chain management includes all of the tasks involved in organising, carrying out, and delivering finished products and services from producers to customers. Through the use of an effective inventory system, it is a management framework that is focused on reducing production costs while boosting efficiency between suppliers and customers.

To know more about supply chain management visit:

brainly.com/question/12277905

#SPJ1

7 0
1 year ago
Rodney just earned his master's degree in Marketing. Based on his education, which job would he be best suited for? Supply Chain
lubasha [3.4K]

Answer:

Marketing Specialist

Explanation:

Marketing is in all the activities undertaken by a business to entice customers to but its products.  It will include all promotional initiatives that aim at increasing the sales volume of a company. These activities range from advertising, promotions, publicity, and direct selling.

Rodney has graduated in marketing; meaning has acquired skills and competencies required in the marketing discipline. He will be more effective as a marketer as he has adequate knowledge of marketing. Rodney will be more fulfilled and better motivated in marketing because that is his area of strength.

7 0
2 years ago
The monthly demand q for a monopolist firm's product in a certain market (measured in 1000s of units) is related to the price pe
Gnesinka [82]

Answer: (b) -3.08

Explanation:

The relationship between the demand(q), price per unit product(p) and the disposable income,yd is given by the expression below;

q= 20ln(7yd-2p).

From the expression above, the marginal demand,

∂ q/∂ p is the differential of the equation of relationship between the demand, price and disposable income.

This involves considering the demand,q as the dependent variable and the price per unit product,p as the independent variable and the disposable income,yd is considered constant.

Therefore ,

∂ q/∂ p= (-40)÷(7yd-2p)

By substitution of

yd =$3000÷1000= $3

and p= $4

∂ q/∂ p= (-40)÷((7×$3)-(2×$4))

∂ q/∂ p= -40÷13= 3.08

Please see the attachment for knowledge on how ∂ q/∂ p was obtained.

7 0
2 years ago
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