Inventory AnalysisThe following data were extracted from the income statement of Keever Inc.: Current Year Previous YearSales $18,500,000 $20,000,000 Beginning inventories 940,000 860,000 Cost of goods sold 9,270,000 10,800,000 Ending inventories 1,120,000 940,000 a. Determine for each year (1) the inventory turnover and (2) the number of days' sales in inventory. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume 365 days a year. Current Year Previous Year1. Inventory turnover 2. Number of days' sales in inventory days daysb. The inventory position of the business has deteriorated . The inventory turnover has decreased , while the number of days' sales in inventory has increased . The sales volume has declined faster than the inventory, resulting in a deteriorating inventory position.

There's an obvious answer... high risk; ergo high return.

CMII-sponsored workforce research helped convince state legislators to establish the Georgia Film Academy, which only a small number of Georgia State students participate in each year.

The University System of Georgia's largest and oldest film program is offered at Georgia State University. Nearly every local studio employs former students of Georgia State. Students at Georgia State have a variety of methods to interact with the film and television production sector.

Some kids figure out how to get jobs as extras in films. The experience is entertaining and a great introduction to the reality of working on a sound stage, while it is not very beneficial as job training.

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By using the ordinary interest method to compute the time (in days) for the loan, the time equals 106 days.

An ordinary interest method is better known as a Simple interest method, which is a quick and easy method of calculating the interest charge on a loan. With this method, interest are determined by multiplying the daily interest rate by the principal by the number of days that elapse between payments.

Simple interest equals to P × R × T, where P = Principal, R = Rate of Interest in % per annum, and T = Time. Given that: Principal Rate (%) Time Interest is $7,400, 10.4, $224 respectively.

Time = I*100/P*R

Time = 224*100/7400*1.04

Time = 22400/76960

Time = 0.29106

Time = 0.29106 * 365 days

Time = 106 days.

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Answer:

Work in process inventory

Explanation:

Work in process inventory is made up of those goods that are partially completed in the production process.

The various stages inventory goes through are raw material inventory, work in process inventory, and finished goods inventory.

When some work has already been done on the raw material but it is not ready to leave the production process this is work in process.

This is exemplified in the given scenario where paint has been colored but not yet put into cans.

Answer:

There are two

Explanation:

International trade refers to the exchange of goods and services across national borders. It plays a significant role in promoting economic growth and providing several global benefits.

In conclusion, international trade and multinational corporations provide numerous global benefits. They promote specialization, resource allocation efficiency, and access to a wider variety of goods and services. Additionally, MNCs contribute to economic development, job creation, innovation, and technological advancements. Overall, international trade and MNCs play a crucial role in fostering economic growth and improving the well-being of individuals and nations around the world.

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Answer:

$29

Explanation:

Smores corporation produces and sells many camping products

The following data was recorded during its first month of operation

Selling price per unit= 42,000

Selling and administrative expenses= $81

Units produced = 47000 units

Variable per unit= $2

Total= $561,000

Manufacturing costs

Dirct materials= $17

Direct labor= $8

Variable manufacturing overhead= $4

Therefore the unit of product cost can be calculated as follows

= Direct material + direct labor + variable manufacturing overhead

= $17 + $8 + $4

= $29

Hence the unit of product cost is $29

The given scenario of making use of television commercials to make sales is known as Infomercials

This refers to the practice of creating awareness for a group of products so that people can buy the goods.

Hence, we can note that because Proactiv and George Foreman Grill became successful after appearing in television commercials, and persuading people to buy their products, this is an example of infomercials.

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Answer:

d is the right answer that's my answer

The various system for the internal administration of financial organizations includes accounting systems, budgeting systems, internal controls, performance management systems, risk management systems, and compliance management systems.

Internal administration systems for financial organizations are systems that oversee the internal functioning of the financial organizations and their staff. They enable businesses to establish and follow specific procedures that ensure their operations are stable, transparent, and responsible.

Here are some of the various systems for internal administration for financial organizations:

1. Accounting systems: Accounting systems are essential to ensure the accuracy of financial transactions and the reliability of financial statements. The accounting system should provide information about the current financial status of the organization and account for all income and expenses.

2. Budgeting systems: Financial organizations use budgeting systems to allocate resources and plan expenditures. This system can be used to control the financial performance of a department, project, or organization.

3. Internal controls: Internal controls are the procedures, policies, and activities that help an organization to maintain the integrity of its operations and prevent fraud. The effectiveness of these controls depends on how well they are implemented.

4. Performance management systems: Performance management systems are used to ensure that the goals of an organization are achieved. This system can be used to monitor and evaluate employee performance, provide feedback, and manage employee development.

5. Risk management systems: Risk management systems help financial organizations to identify and manage risks. They can be used to assess the risk associated with various activities and develop strategies to mitigate those risks.

6. Compliance management systems: Compliance management systems help financial organizations ensure that they are following all relevant regulations and laws. They can be used to monitor compliance with internal policies and procedures as well as external regulations.

In conclusion, internal administration systems for financial organizations are essential for ensuring the stability and transparency of financial operations. These systems include accounting systems, budgeting systems, internal controls, performance management systems, risk management systems, and compliance management systems.

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In a monopolistically competitive industry, each firm has some control over the price it sets due to product differentiation.

Stan mentioned that he is earning an economic profit and setting his price equal to his marginal cost. To determine whether he is producing the profit-maximizing amount of coffee, we need to consider a few factors.
1. First, let's understand the relationship between price, marginal cost, and profit maximization. In a competitive market, profit maximization occurs where marginal cost equals marginal revenue. However, in monopolistic competition, firms have some market power, so the profit-maximizing quantity occurs where marginal cost equals marginal revenue, not price.
2. Setting the price equal to marginal cost does not necessarily guarantee profit maximization. If Stan's price is equal to marginal cost, it means that he is covering his variable costs, but it does not take into account his fixed costs. To maximize profit, Stan should set his price above marginal cost, considering both variable and fixed costs.
3. If Stan is currently earning an economic profit, it suggests that he may not be producing the profit-maximizing amount of coffee. In monopolistic competition, firms tend to have excess capacity, meaning they produce less than the quantity that would minimize average total cost. By increasing his output, Stan may be able to reduce his costs and increase his profit.

Considering these factors, here are a few suggestions for Stan:
- Conduct a cost analysis: Stan should evaluate his fixed and variable costs to understand the full picture of his expenses. By knowing his costs, he can set a more informed price and determine the profit-maximizing quantity.
- Consider demand elasticity: Stan should also assess the price elasticity of demand for his coffee. If demand is relatively elastic, a small price increase may result in a significant decrease in quantity demanded, potentially reducing his profits. On the other hand, if demand is inelastic, Stan may be able to increase his price without a significant drop in sales.
- Experiment with pricing: Stan could consider experimenting with different prices to find the optimal point that maximizes his profit. By monitoring customer response to different prices, he can identify the price that generates the most revenue while covering his costs.

By taking these steps and considering the unique characteristics of monopolistic competition, Stan can better position his coffee shop for long-term success and profitability.

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Answer:

A financial system functions as an intermediary and facilitates the flow of funds from the areas of surplus to the areas of deficit. It is a composition of various institutions, markets, regulations and laws, practices, money managers, analysts, transactions, and claims & liabilities.May 29, 2016

(can u flag me)

Answer:

Filling rax return is a duty of a personal finance manager

1. the postal service experienced an increase in total contribution margin of $7.00

2. The unit sales for the deluxe souvenir sheets decreased by 37.5% compared to the regular souvenir sheets.

3. The postal service should set the selling price for the deluxe souvenir sheet at $15.00

4. The exact number of deluxe sheets is 45.

Calculation of the increase (decrease) in total contribution margin:

The contribution margin is calculated as the selling price minus the variable cost per unit. Given the information, we have:

Selling price of regular souvenir sheets: $8.00

Selling price of deluxe souvenir sheets: $15.00

Number of regular souvenir sheets sold: 80,000

Number of deluxe souvenir sheets sold: 50,000

To calculate the increase (decrease) in total contribution margin, we need to compare the contribution margin of the two scenarios:

Contribution margin regular souvenir sheets = Selling price - Variable cost

= $8.00 - Variable cost

Contribution margin deluxe souvenir sheets = Selling price - Variable cost

= $15.00 - Variable cost

To find the increase (decrease), we'll subtract the contribution margin of regular souvenir sheets from that of deluxe souvenir sheets:

Increase (decrease) in contribution margin = Contribution margin deluxe - Contribution margin regular

= ($15.00 - Variable cost) - ($8.00 - Variable cost)

= $15.00 - $8.00

= $7.00

So, the postal service experienced an increase in total contribution margin of $7.00 when selling 50,000 deluxe souvenir sheets compared to selling 80,000 regular souvenir sheets.

2. Calculation of the percentage increase in selling price and unit sales:

Percentage increase in selling price = [(Selling price deluxe - Selling price regular) / Selling price regular] * 100

= [(15.00 - 8.00) / 8.00] * 100

= 87.5%

Therefore, the St. Vincent post office increased the selling price for the deluxe souvenir sheet by 87.5% compared to the regular souvenir sheets.

Percentage increase in unit sales = [(Unit sales deluxe - Unit sales regular) / Unit sales regular] * 100

= [(50,000 - 80,000) / 80,000] * 100

= -37.5%

The unit sales for the deluxe souvenir sheets decreased by 37.5% compared to the regular souvenir sheets.

3. Calculation of the selling price for the deluxe souvenir sheet to maintain the same total contribution margin per unit:

To maintain the same total contribution margin per unit, the selling price for the deluxe souvenir sheet should be equal to the selling price for the regular souvenir sheet plus the increase in contribution margin per unit:

Selling price deluxe = Selling price regular + Increase in contribution margin

= $8.00 + $7.00

= $15.00

So, the postal service should set the selling price for the deluxe souvenir sheet at $15.00 to maintain the same total contribution margin per unit.

4. Calculation of the number of deluxe souvenir sheets to be sold to equal the total contribution margin earned from selling 80,000 regular souvenir sheets:

Total contribution margin from selling regular souvenir sheets = Contribution margin regular * Number of regular sheets sold

= ($8.00 - Variable cost) * 80,000

To calculate the number of deluxe souvenir sheets to be sold, we'll set the total contribution margin equal to that of regular sheets and solve for the number of deluxe sheets:

Contribution margin deluxe * Number of deluxe sheets = Contribution margin regular * Number of regular sheets

($15.00 - Variable cost) * Number of deluxe sheets = ($8.00 - Variable cost) * 80,000

Simplifying the equation:

Number of deluxe sheets = (Contribution margin regular * Number of regular sheets) / (Contribution margin deluxe)

= ($8.00 - Variable cost) * 80,000 / ($15.00 - Variable cost)

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Answer:

C. display

Explanation:

Display advertising is an advertising process where a product or services are displayed in form of images, videos, and published on the social sites so that the people could aware of that particular product or services

Therefore as per the given situation, in the newspaper advertising, the display advertising involved the copy, photos, headlines etc

Hence, the correct option is C.

Answer:

Only the net present value method

Explanation:

The net present value is the lies between the initial amount and the present value of cash inflows after considering the discount factor

If the initial investment is more than the present value of all year cash inflows so it comes in negative due to which the project is not accepted else the project should be accepted

Therefore in the given case, it only applied to the net present value method

Answer:

ok

Explanation:

Answer:

EDate Affect on Accounting Equation Affect on Account Oct-01 Debit Cash Debit Asset $ 21,750 Credit James Sheffield, Capital Credit Equity $ 21,750 Oct-02 Debit No Entry Debit Credit Credit

Answer:

False

Explanation:

srry if its wrong

a. To determine the type of college and degree I plan to pursue, I would begin by assessing my interests, career goals, and personal preferences.

b. To research the type of school I will attend, I would utilize several tools and events.

a. I would consider factors such as the field of study I'm interested in, the location, the size of the institution, and any specific program requirements. By thoroughly researching various college options and exploring different degree programs, I can make an informed decision about the type of college and degree that aligns with my aspirations.

b. Firstly, I would explore college search websites like College Board's Big Future or Niche to gather information about different colleges, their programs, admission requirements, and student reviews.

Secondly, attending college fairs or virtual college events would provide an opportunity to directly interact with representatives from different institutions and gather firsthand information.

Additionally, I would make use of college guidebooks and publications to gain insights into the reputation, rankings, and overall quality of the colleges under consideration.

These three tools and events would provide a comprehensive perspective on the colleges and assist me in making an informed decision about the type of school I plan to attend.

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Answer:

See photo. I am a professional so my format may be different than what school tells you. Hopefully you can use this information.

Explanation:

Answer:

More motivated

Explanation:

Salary raise is a way of motivation to workers.

The function of a financial planner is to help individuals or organizations define and reach their financial goals through a variety of services, including budget planning. So, correct option is D.

Unlike an investment advisor who is primarily focused on managing investments, a financial planner takes a more holistic approach to a client's financial well-being. They work closely with clients to understand their current financial situation, identify their goals and objectives, and develop a personalized financial plan to achieve those goals.

Financial planners do not share in the profit or loss of their clients' investments, nor do they aim to convince their clients to purchase specific stocks. Instead, they provide unbiased advice and recommendations based on their clients' individual needs and objectives.

Ultimately, the goal of a financial planner is to help clients achieve financial security and success by providing expert guidance, ongoing support, and customized solutions to meet their unique financial needs.

So, correct option is D.

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Answer:

Is a D. Public relations

They align your goals to the direction in which you want to go.

The functions of government are crucial for the proper functioning and development of a country. These functions can vary depending on the type of government system in place, but there are several key functions that are commonly considered necessary for a country's stability and progress.

1. Legislation and Governance: One of the primary functions of government is to create and enforce laws that maintain order, protect individual rights, and promote the welfare of the citizens. Governments establish institutions and frameworks for governance, ensuring the rule of law and providing a system of justice.

2. Defense and Security: Governments are responsible for safeguarding the country and its citizens from external threats. This involves maintaining armed forces, intelligence agencies, and diplomatic relations to protect national security interests.

3. Economic Management: Governments play a crucial role in managing and regulating the economy. They establish fiscal and monetary policies, oversee financial institutions, promote trade, and create an environment that supports economic growth and stability. Government intervention is often necessary to address market failures, promote fair competition, and protect consumers.

4. Social Welfare: Governments have a responsibility to ensure the well-being and social welfare of their citizens. This includes providing basic services such as healthcare, education, social security, and infrastructure development. Governments also implement social policies to address poverty, inequality, and promote equal opportunities.

5. Public Services: Governments are responsible for delivering essential public services, such as transportation, utilities, public safety, and environmental protection. These services are necessary for the functioning of society and improving the quality of life for citizens.

6. Diplomacy and International Relations: Governments engage in diplomatic activities and maintain relationships with other nations. They negotiate treaties, participate in international organizations, and represent the country's interests abroad. Governments also address global challenges, such as climate change and human rights, through international cooperation.

7. Public Communication and Information: Governments have a role in providing transparent and accurate information to the public. They engage in public communication, disseminate information, and promote citizen engagement and participation in the decision-making process.

These functions of government are essential for maintaining social order, promoting economic growth, protecting citizens' rights, and ensuring the overall well-being of a country. Effective governance requires a balance between these functions, adaptability to changing circumstances, and responsiveness to the needs and aspirations of the citizens.

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