Giorgio had cost of goods sold of $9,101 million, ending inventory of $2,089 million, and average inventory of $1,900 million. Its inventory turnover equals:
The inventory turnover for Giorgio whose cost of goods sold of $9,101 is 4.79 times
What is inventory turnover?This Rreveals how many times a company sells its merchandise inventory during a period.
Inventory turnover is computed as:
= Cost of goods sold / Average inventory
= $9,101 million / $1,900 million
= 4.79 times
Hence, the inventory turnover for Giorgio whose cost of goods sold of $9,101 is 4.79 times
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A four-bedroom, four-bath, 4,875-square-foot house was listed at $445,000. Andreas, the seller, accepted an offer that was 95% of the listing price. What price per square foot did he get for the house
The price per square foot available to Andreas on the listed cost of the house, that is, $445,000 with an area of 4,875 square feet is $86.71.
What is the price per square foot?Price per square foot is the cost price of a house in terms of per square foot. It can be determined by dividing the cost of a household by the area of the house in square feet.
Given values:
Cost of house = $445,000
Area of house (in square foot) = 4,875
Accepted ratio of listing price = 95%
Computation of price per square foot:
[tex]\rm\ Price \rm\ per \rm\ square \rm\ foot=\rm\ \frac{\rm\ Cost \rm\ of \rm\ house}{\rm\ Area \rm\ of \rm\ house}\times \rm\ Accepted \rm\ ratio\\\rm\ Price \rm\ per \rm\ square \rm\ foot=\frac{\$445,000}{4,875}\times 95\%\\\rm\ Price \rm\ per \rm\ square \rm\ foot=\$91.20\times95\%\\\rm\ Price \rm\ per \rm\ square \rm\ foot=\$86.71[/tex]
Therefore, Andreas gets the price per square foot for the house is $86.71.
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Which advantage of a sole proprietorship could also be a disadvantage?.
Answer:
Unlimited liability
Explanation:
The hierarchical decision-making structure in which unelected officials answer to those above them is known as the spoils system.
A. True
B. False
The spoils system is not a structure where unelected officials answer to those above them so this is False.
What is the spoils system?This refers to a policy that used to occur in the United States where those who win elections, grant government positions to those who supported their campaigns.
The policy where unelected officials answer to officials above them who were elected is known as a bureaucracy.
In conclusion, this is false.
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How does inflation hurt your savings?
Answer:
have to spend more money
Explanation:
Question Number 5) UPS management feels that one of the main advantages ________ provides to the company is structure a union salting b the bargaining unit c the union d the right to work e arbitration
One of the main advantages of C. The Union in a workplace is that it helps to provide a structure.
What is a Labor Union?This refers to a group that protects the rights and interests of workers to have better working conditions and remunerations.
Hence, we can see that the importance of labor unions cannot be overemphasized as according to UPS management, they believe that one of the main advantages of C. The Union in a workplace is that it helps to provide a structure
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Which action illustrates citizen participation in an international organization?.
An action that illustrates citizen participation in an international organisation is volunteering
What is meant by the term volunteering?Volunteering can be defined as a selfless service towards an act or service to the society without any incentives. A good example is the Red Cross.
It should be noted that one can volunteer to serve and in turn gain relevant work experience.
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Interactive voice response directs customers to use touch-tone phones or keywords to navigate or provide information.
A. True
B. False
Answer:
True
Explanation:
interactive voice response (IVR)directs customers to use touch tone phones or keywords to naviate to porvide information
How can advertising benefit our society?:
Answer: providing employment and increasing income of the people
Explanation:Through the medium of advertising people get information regarding new products. As people use these new and latest goods, their standard of living gets a boost. Advertising is helpful in providing employment and increasing income of the people. Both have a positive effect on their standard of living.
It costs a cookie firm $2 to sell a single cookie. This firm makes $4 in revenue from each cookie it sells. Assume this firm sells 20 cookies. What is its total profits
How much does the government take out of lottery winnings?.
Answer:
4.00%
Explanation:
the irs takes 25%
Your employer sends you a _______ form that tells you how much you've made and how much you've paid in taxes in the last year. W-9 1040 W-4 W-2
A W-2 tax form tells you how much you've made and how much you've paid in taxes in the last year.
What is W-2 tax form?A W-2 tax form serves as the form that gives important information about the income you've earned from your employer.
Therefore, W-2 tax form display amount of taxes withheld from your paycheck.
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Veronique and lily each bought a piece of luggage that had the same price in different stores. the table below shows how they will pay for the item. payment for purchases name payment type payment amount (including finance charges) number of months to pay for item veronique store financed $25 10 lily credit card $35 7 who made the better financial decision and why? veronique because her payments are lower. veronique because her final cost, including finance charges, is less than lily’s. lily because she is paying off her purchase sooner. lily because her final cost, including finance charges, is less than veronique’s.
According to the information in the Graph Veronique made a better decision than Lily because the final cost of her purchase is lower including finance charges (option B)
What is a finance charge?A finance charge is an economic term that refers to additional charges made by finance companies (such as banks) to a transaction we make, such as a purchase.
In the case of Veronique and Lilly, they both bought the same suitcase with different prices. However, the better financial decision was Veronique's because she paid less ($25) for the same bag including finance charges.
While Lilly, despite having fewer fees, will have to pay $10 more than Veronique.
Note: This question is incomplete because the image is missing. Here is the image.
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Account balances at the beginning of the year were: accounts receivable, $25,000; and inventory, $60,000. All sales were on account. Assume that Castile Products, Inc. , paid dividends of $2. 10 per share during the year. Also assume that the company’s common stock had a market price of $42 at the end of the year and there was no change in the number of outstanding shares of common stock during the year. Required: Compute financial ratios as follows: 1. Earnings per share. (Round your answer to 2 decimal places. ) 2. Dividend payout ratio. (Round your intermediate calculations to 2 decimal places. Round your percentage final answer to nearest whole number (i. E. , 0. 1234 should be entered as 12). ) 3. Dividend yield ratio. (Round your intermediate calculations to 2 decimal places. Round your percentage final answer to nearest whole number (i. E. , 0. 1234 should be entered as 12). ) 4. Price-earnings ratio. (Round your intermediate calculations to 2 decimal places. Round your answer to nearest whole number. ) 5. Book value per share. (Round your answer to 2 decimal places. )
The Earnings per share is $3.5; Dividend payout ratio is 60%; Dividend yield ratio is 5% and Price-earnings ratio is 12.
Earnings per share1. Earnings per share
Number of outstanding shares=Common stock/Par value
Number of outstanding shares=30,000/5
Number of outstanding shares=6,000
Earnings per share=Net income/Number of outstanding shares
Earnings per share=$21,000/6,000
Earnings per share=$3.5
2. Dividend payout ratio
Dividend payout ratio=Dividend per share/Earning per share
Dividend payout ratio=$2.10/$3.5
Dividend payout ratio=0.6×100
Dividend payout ratio=60%
3. Dividend yield ratio
Dividend yield ratio=Dividend per share/Market price per share
Dividend yield ratio=$2.10/$42
Dividend yield ratio=0.05×100
Dividend yield ratio=5%
4. Price-earnings ratio
Price-earnings ratio=Market price per share/Earning per share
Price-earnings ratio=$42/$3.5
Price-earnings ratio=12
Therefore the Earnings per share is $3.5; Dividend payout ratio is 60%; Dividend yield ratio is 5% and Price-earnings ratio is 12.
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If LVT chooses to hedge its transaction exposure in the forward market, what rate will it pay for the euros and how many USD will be required to purchase the euros at the forward rate
When LVT chooses to hedge its transaction exposure in the forward market, a six month forward rate will be paid.
What is a transaction?It should be noted that a transaction simply means a business deal that occurs between two parties.
In this case, when LVT chooses to hedge its transaction exposure in the forward market, a six month forward rate will be paid.
The amount required to make the purchase will be:
= 15000000 × 1.18
= $17700000
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Battle Drills involve ______________________________________. The MDMP Process Standardized 'collective actions' without the application of a deliberate decision making process Select Leaders A deliberate decision making processes
Battle Drills involve "a collective action rapidly executed without applying a deliberate decision-making process."
What do you mean by decision-making process?Decision-making is the process of making decisions by identifying a decision, gathering information, and evaluating other decisions.
Battle Drills involves "as a collective action that is carried out quickly without resorting to deliberate decision-making process." They require small orders of leader to carry out and are common throughout the Army.
Consecutive actions are essential to success in fighting or are essential to maintaining health.
Thus, Battle Drills involve "a collective action rapidly executed without applying a deliberate decision-making process."
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From an environmental standpoint, refusing, reducing and reusing are preferred over recycling because they are ____ approaches that tackle the problem of waste production at the front end.
Refusing, reducing, and reusing are preferred over recycling because they are A. waste prevention approaches pre-tackling the problem of waste production.
What is waste prevention?Waste Prevention (Source Reduction or Waste Minimization) includes practices that limit or reduce the amount and the toxicity of generated wastes.
Waste Prevention efforts are aimed at tackling waste production at the front end instead of managing already-generated waste.
Answer Options:A. waste prevention
B. green
C. more feasible
D. management
E. integrated
Thus, from an environmental standpoint, refusing, reducing, and reusing are preferred over recycling because they are A. waste prevention approaches pre-tackling the problem of waste production at the front end.
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Compensation of executives has soared over the last forty plus years to more than 271 times the pay for average workers. Remedies to rein in executive compensation include all but:
Answer:
. Restrictions by the law as to the maximum total compensation allowable
How are passion, consciousness, and product quality part of the product management process at Justin's
The way that these factors are a part of the product management process is that: It brings about passion for better environmental practices, quality, innovation and love for natural food.
What is product management?This is a broad term that is mostly concerned with the planning and the management of a given product or certain services.
The term, also has to do with the launching of the product till iot goes to the market.
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List the 3 main credit bureaus and explain what information they collect.
The three main credit bureaus are Equifax, Experian, and TransUnion, which collect and research individual credit information sold to creditors.
What is a credit bureau?A credit bureau provides the information that creditors and lenders use to make important lending decisions.
Principally, credit bureaus:
Collect credit information of individuals.Make the information available to third parties (lenders and creditors).Provide credit ratings and reports to individuals when requested.Thus, a credit bureau provides the information that creditors and lenders use to make important lending decisions.
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Contractionary monetary policy entails _____ the money supply, _____ interest rates, and _____ aggregate demand.Question 10 options:a) increasing; increasing; increasingb) decreasing; increasing; decreasingc) increasing; decreasing; decreasingd) decreasing; decreasing; decreasing
Contractionary monetary policy entails increasing the money supply, increasinginterest rates, and decreasing aggregate demand.
What is contractionary monetary policy?A contractionary monetary policy serves as a type of monetary policy which do bring about reduction in the the rate of monetary expansion to fight inflation.
Therefore, Contractionary monetary policy entails increasing the money supply.
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Mr. Patel had an extremely successful early career, and he
was actually able to retire at 45. He wants to move his money
into a mutual fund that pays out a lot of cash, but he does not
care how much. He also wants to take some risk in hopes of
extra returns. Find an appropriate mutual fund and explain your
decision.
The appropriate mutual fund that is going to be helpful for Mr Patel would be the Equity Mutual funds.
What is the Equity Mutual funds?
This is the type of investment that is overseen by a professional in the corporate money business.
Given that he said that he does not want to care much, this would be appropriate for him. Because he is not risk averse, he is going to have a higher return here.
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S: In the space below, write a brief scenario (story) of a selling situation that illus-
trates at least three terms from the Word Bank above. You may select the prod-
uct of your choice. Circle the words from the Word Bank when they appear in
the story. Products you might want to consider using are a computer, a copier,
running shoes, a camera, luggage, or a CD player.
A(n) __________ price is internally charged by one organizational unit for a good or service that it supplies to another unit. Group of answer choices organizational department substitute transfer budget
A transfer price is internally charged by one organizational unit for a good or service that it supplies to another unit.
What is transfer price?It is the price of a goods or service bought by a department in the same organization as the producer.
The price is what is paid to the department where purchase is made.
Therefore, A transfer price is internally charged by one organizational unit for a good or service
that it supplies to another unit.
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PLEASE HELP
James Curry, marketing manager for the Smith Siding Company, is considering a new distribution system for the home siding his small company manufactures. Up until now, the siding was sold by first contacting ultimate consumers within a 100-mile radius by phone and then having a sales representative meet with the customers in their homes.
A number of current factors indicate that a new distribution channel needs to be created. More and more, local contractors are purchasing siding from the company for new houses they are building. Because of improved production techniques, a large inventory has been created, and the Smith warehouses are stocked with siding. Curry is considering changing the channel currently used.
What is the current channel being used for the siding?
The current channel being used for the siding by James Curry is selling through intermediaries.
What is a distribution channel?A distribution channel simply means a chain of businesses through which a good will pass before reaching the consumers.
In this case, it should be noted that the current channel being used for the siding by James Curry is selling through intermediaries.
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If a company has four lots of products for sale, purchase 1 (earliest) for $17, purchase 2 (middle) for $15, purchase 3 (middle) for $12, and purchase 4 (latest) for $14, which cost would be assumed to be sold first using LIFO costing
Using the LIFO costing method, the cost that would be assumed to be sold first is $14.
What is the LIFO costing method?The LIFO costing method is the inventory costing method that assumes that units sold first are from those that are newly purchased.
The LIFO (Last-in, First-out) method is different from the FIFO method which assumes that units sold first are those that are purchased at the beginning.
Thus, using the LIFO costing method, the cost that would be assumed to be sold first is $14.
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If the money multiplier is 3 and the fed wants to increase the money supply by $900,000, it could:.
Answer:
buy $300,000 worth of bonds
Explanation:
Hope this helps:)...if not then sorry for wasting your time and may God bless you:)
After listening to both Caroline's forceful opinion and the CEO's advice about Rock Luster, what is the best plan of action moving forward
The context clues are important to know the best plan of action moving forward after listening to both Caroline's forceful opinion and the CEO's advice.
What are context clues?Your information is incomplete as the excerpt isn't given. Therefore, an overview will be given.
Context clues are the hints that are given in a literary work by the author. In this case, it's important to read and understand the story.
Also, it's important to note that central idea that's illustrated by the author in the story. This is important to know the the best plan of action moving forward.
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McDonald's is testing the Crispy Chicken Sandwich in two markets. McDonald's franchisees have asked for a Southern-style chicken sandwich as Chick-fil-A's threat to its business continues to grow. In test marketing, the greatest danger to McDonald's is in choosing a test-site city that _______.
Does not reflect the marketing condition in the new products projected market area is the greatest danger to McDonald's is in choosing a test-site city.
What market area means?
A market area is a surface that displays the demand or supply for a specific item. It covers the locations where a factory's products are sent, while it is the tributary area from which a retail store pulls its clients.
Different areas of marketing are Digital marketing, Content marketing, Social media marketing, Visual marketing, Search engine marketing, Influencer marketing.
Thus, it does not reflect the condition of new project.
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According to Fiedler's contingency leadership model, which component of situational control is deemed as the most important
The most crucial component of situational management, according to Fiedler's contingency leadership theory, is getting others to support your effort to persuade someone.
What is Fiedler’s Contingency Theory?According to Fiedler's Contingency Theory, also known as Fiedler's Contingency Model or Fiedler's Theory of Leadership, there is no single optimum leadership style. Rather, the most effective leadership style for any particular situation is one that is appropriate for the situation.
Professor Fred Fiedler, an Austrian psychologist, created the hypothesis in the 1960s. He analyzed leaders' personalities and qualities and came to the opinion that leadership style is extremely difficult, if not impossible, to modify because it is established through one's life experiences.
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