Answer:
The calculations are shown below:
Explanation:
The computation is shown below:
As we know that
Inventory turnover ratio is
= Cost of goods sold ÷ Average inventory
So
For year 2015, it is
= $1,270 ÷ $210
= 6.05 times
For year 2014, it is
= $1,560 ÷ $220
= 7.09 times
For year 2013, it is
= $2,000 ÷ $380
= 7.14 times
1-b Average days to sell inventory is computed by considering the
= Total number of days in a year ÷ inventory turnover ratio
So
For year 2015, it is
= 365 ÷ 6.05
= 60.33 days
For year 2014, it is
= 365 ÷ 7.09
= 51.48 days
For year 2013, it is
= 365 ÷ 7.14
= 51.12 days
2. As we can see that the aegis industries inc is performing better than the Snow Pack Corporation as aegis industries has 7.14 times in 2015 as compare to the 5.5 times in 2015
To keep the team on schedule, you propose that members use a LOG so the project will be completed on time.
The fourth answer is correct (D).
The savings account is an investment that generates little income. To make long-term investments, there are other options that give a better return.
However, this type of account serves so that the money that will be used in the short term has at least some income. In other words, if the investor is sure that he does not need the liquidity of the money, he can apply in bonds, debentures, shares, etc. If the investor has money that needs to be kept liquid to be used soon, the best option is the savings account.
Answer: OPTION E
Explanation: Mission refers to the ultimate goal that a business organisation has. It is the end point towards which all the procedures and activities of the business is to be carried out.
It is the future determining factor of a business. In nowadays the business is operating at a very high level with different functional area. These areas have different activities to perform and are useful in different ways by the organisation.
Thus, every functional area could have its different mission to complete.
Answer:
D. cash flows from operating activities
Explanation:
Operating activities include the functions of a business with respect to providing its goods and services to the market. Operating activities for a company include sales, manufacturing, marketing activities and advertising. The category that is generally considered to be the best measure of a company's ability to continue as a going concern is cash flows from operating activities.
