Answer:
The answer is "
"
Explanation:
Following are the Cap rate:
Answer:
4.8 times
76 days
Explanation:
Inventory Turnover is the numbers of times that an inventory is sold in a period. It shows that is there any excessive inventory available in respect to the current sales level.
Formula for Inventory Turnover
Inventory Turnover = Inventory Used during the year / Average Inventory
Inventory Turnover = 3,784 million / ( ( $855 + $717 ) / 2 )
Inventory Turnover = 3,784 million / $786
Inventory Turnover = 4.8 times
Number of days Sales is the numbers of days that a company takes to to be sold.
Numbers of Days Sales = 365 / Inventory Turnover ratio
Numbers of Days Sales = 365 / 4.8 = 76.04 = 76 days
The type of store that has high sales volume, shallow product lines, little service, and prices that are lower than supermarkets is known as discount stores.
<h3>What is a Discount Store?</h3>
This refers to the type of store which makes a bulk purchase of items and then sells them off at a lower price than they are worth.
Hence, we can note that a discount store operates in a way that enables them to engage in efficient distribution and bulk purchasing to meet the needs of their customers.
Read more about discount stores here:
brainly.com/question/1838431
Answer:
All of the above are true.
Explanation:
The following statements about a corporation is true.
<u>1. A corporation is a separate taxpaying entity that must file a tax return annually. </u>
A corporation is a legal entity that is separate and distinct from its owners. they can enter contracts, loan and borrow money, sue and be sued, hire employees, own assets, <u>and pay taxes annually just like individuals.</u>
<u>2. A newly formed corporation must select its basic accounting method. </u>
A newly formed corporation will have to choose its accounting method. Accounting method refers to the rules a company follows in reporting revenues and expenses. The two primary methods are accrual accounting and cash accounting.
3. The terms "regular corporation" and "C corporation" are synonymous.
The C corporation is the <u>standard (or default) corporation under IRS rules.</u> The S corporation is a corporation that has elected a special tax status with the IRS and therefore has some tax advantages, hence cannot be said to be regular but has obtained a special status by election.
