Answer: 11.42 times
Explanation:
Inventory Turnover = Cost of Goods Sold / Average inventory
Where,
Cost of goods sold = 4,000 quarter-pound hamburgers each week x $1.00 a pound
COGS = $4,000 per week
Average Inventory = 350 pounds of hamburger
Inventory Turnover = 4000 / 350 = 11.42 times
Planning function.
Management uses the CVP analysis to determine how changes in costs and volumes affect the company's profitability. They need to perform this analysis in planning their production schedule and levels to optimize value for the company. The planning function will perform this CVP analysis to inform production managers and other executives about how the product costs and volumes affect the levels of net operating income.
Answer:
$78 million
Explanation:
Data given in the question
Operating loss = $78 million
Estimated operating loss = $97 million
Excess of fair value, less costs to sell, over book value = $17 million
So, by considering the above information, the before-tax loss on discontinued operations is $78 million because the fair value is exceeded from the book value i.e $17 million. Moreover, the asset is also not impaired. So only operating loss would be reported
Answer:
Option (d) is correct.
Explanation:
Given that,
Capital stock = 900 units
Saves 20% of its output
Depreciation rate = 10%
Production function, Y = 
= (900)^{\frac{1}{2}}
= 30 units
Therefore, the savings is as follows,
= 20% of output
= 0.2 × 30 units
= 6 units
Hence, the savings is equal to the investment for this small economy or country.
Investment = 6 units
