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3 years ago

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If the average aggregate inventory value is $100,000 and the cost of goods sold is $450,000, which of the following is inventory

turnover?
A. 19.23
B. 4.5
C. 0.8654
D. 0.2222
E. None of the above

1 answer:

siniylev [52]3 years ago

5 0

Answer: B 4.5

Explanation:

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Is It important to follow directions from supervisors even when you disagree with them

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Yes because they have more experience than you so they have better judgement

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4 years ago

Midland Oil has $1,000 par value bonds outstanding at 18 percent interest. The bonds will mature in 20 years. Use Appendix B and

Aleksandr [31]

Answer:

B

Explanation:

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3 years ago

You have $60 and have decided to invest it in the stocks of two companies: Google and Bing. The stock of Google cost $10/share a

11Alexandr11 [23.1K]

Answer:

The option A is correct.

Explanation:

Solution

In this example, i have $60

The stock of Google cost $10/share

The Bing stock costs $5/share

Here i have three options to pick from, which are as follows:

Half of your money will be spent on Google and half on Bing, Spend all your money on Bing stock, and Spend all your money on Google stock.

Now,

If i do spend all my money only on Bing stock, my total shares would be computed as follows:

Total shares = Total money/Per stock price = $60/$5 = 12 shares.

The bing stock can either be $12 or $8 stock.

So,

When it is at $8 per stock, it will be $8 * 12 shares =$96 (My returns)

When it is at $12 per stock, it will be $12* 12 shares =$ 144 (My returns)

If i spend all my money on Google stock ($30 + $30) and half on bing

The $30 on Google stock will give $30/$10 = 3 shares

For Bing it will be $30/$5 = 6 shares

When Bing stock prices is at 8$/stock, Google stock price will be $30/stock

So,

($30, 3 shares ) + ($8 * 6 shares)

= $90 + $48 = $138

Thus,

When Google stock prices are $10/stock. Bing stock prices will be at $12 per stock.

Which becomes,

= ($10 * 3 shares) + ($12 * 6 shares)

= $30 + $72 = $102

Because am a risk taker, i will go for more better options that will be safer.

So, if i buy all shares for Bing or Google, there is a possibility that i will have lower returns ($60 and $96) but when i buy half each of them, there will be no risk of lower returns.

Therefore, the option A is correct.

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4 years ago

Explain why most trade occurs because of comparative advantage. Be sure to provide examples from the data tables or from the les

Murljashka [212]

Most trade is due to the comparative advantage of an organization's ability to produce a good or service with lower marginal cost and opportunity cost.

As an example, we can cite trade between Africa and the United States, where Africa markets agricultural products such as corn and citrus to the US, and the US markets technological products such as computers to Africa.

Therefore, companies will use comparative advantage to acquire goods and services at lower prices than other competitors.

Learn more here:

brainly.com/question/7780461

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3 years ago

Lardo Inc. plans to build a new manufacturing plant in either Country X or Country Y. It projects gross revenue in either locati

Tom [10]

Answer:

Following are the solution to the given points:

Explanation:

For point a:

After-tax profit for each country.

For Country X:

$Particulars \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ Amount(\$)\\\\Gross \ \ Revenue\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4,000,000\\\\ Operating\ \ Expenses \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1,500,000\\\\ Pre-tax \ \ Profit \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 2,500,000 \\\\$

$Tax \ [ 2,500,000 \times 20\% \ ] \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 500,000\\\\ After-tax\ \ profit\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 2,000,000$

For Country Y:

$Particulars \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ Amount(\$)\\\\Gross \ \ Revenue\ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 4,000,000 \\\\Operating\ \ Expenses \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1,800,000\\\\$

$Pre-tax\ \ Profit \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 2,200,000\\\\Tax\ [40,00,000 \times 10\%] \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 400,000 \\\\After-tax\ \ profit \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ 1,800,000$

For point b:

For Country X:

Lardo is expected to establish its new plant in Country X, because Country X's after tax income is higher than Country y's after-tax income [$1,800,000].

3 0

3 years ago