Answer:
96.3 days
Explanation:
Inventory turnover is calculated as;
= ( Average inventory / cost of goods sold ) × 365
Where,
Average inventory = (Beginning inventory + Ending inventory) / 2
Average inventory = ($208,000 + $188,000) / 2
Average inventory = $198,000
Therefore,
Inventory turnover = ($198,000 / $750,000) × 365
Inventory turnover = 96.3 days
The average number of days for Tinker to sell it's inventory during 2019 is closest to 96.3 days
<u>Explanation:</u>
<u></u>
growth_multiplier is 1.1
savings = 100
desc = "compound interest
"
# Place product of growth_multiplier and savings to year 1
Year 1 = growth_multiplier* savings
# Print
print(type(year1))
Now,
# Place addition of desc & desc
doubledesc will be desc + desc
# Print doubledesc
print(doubledesc)
<u></u>
Answer:
The correct answer is C
Explanation:
Market failure is the situation of economic which is described as the inefficient distribution of the goods and services in the free market. Under this the incentives of the individual for rational behavior does not lead to the rational outcomes for the group of people.
The market failure occurs because of negative as well as positive externalities, lack of public goods, abuse of the monopoly power, environmental concerns, under provision of merit goods and over provision of demerit goods.
So, from the above options, the cause of the market failure involve the market power and the externalities.
Answer:
b. No country has an absolute advantage in all activities
Explanation:
- The data form the graph suggest that the statement that explains these countries like Germany, France, and Italy, will be formed each other is unknown.
- As the absolute advantage is when the counties have a complete advantage in the production of that one resource that they hold absolute advantages in.
- Thus no country has a complete advantage all share and has some advantages.
