Answer:
6
Explanation:
The average turnover ratio is calculated using the formula.
average turnover ratio = Costs of goods sold
Average inventories
For Wilkens Company, Costs of goods sold will be sales revenue - the gross profit
= $1,800,000- $600,000 = $1,200,000
Average inventory = Beginning stock + Ending stock /2
= $160,000 + $240,000 /2
=$200
Average turnover ratio = $1,200,000
$200,000
=6
Answer:
$97,000
Explanation:
The computation of capital account balance is shown below:-
capital account balance = Fair market value of Land + Equipment fair market value - Mortgage on the land
Capital account balance = $60,000 + $57,000 - $20,000
= $97,000
Therefore for computing the balance of capital account we simply added the fair market value of land and equipment fair market value and deduct the mortgage on the land and we ignore the book values as its not relevant to compute the balance of capital account.
<span>The term manufacturing overhead represents all factory-related costs that are incurred when a product is manufactured. </span>When a job order costing system is used, actual manufacturing overhead costs are debited to <span>the Manufacturing Overhead account. It includes both direct materials and direct labor.
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Here is the correct question:
In nations undergoing economic development the levels of political internationalizing firms must deal with trends to be greater than it is in countries that are already significantly industrialized.
True or False
Answer:
TRUE
Explanation:
In nations undergoing economic development, there is a strong relationship between politics and economic development; hence, the level of political internationalizing firms must deals with trends greater than it is in industrialized economies.
Answer:
decline and diminishing marginal utility
Explanation:
According to the law of diminishing marginal utility, when a person consumes more and more units, the marginal utility arises from each additional unit goes reduced as marginal utility is an additional unit derived.
According to the given situation, grey eats pizza every day so the marginal utility goes decline that indicates the law of diminishing marginal utility
