The average number of days inventory outstanding is 143 days. It indicates that Collette Inc. will keep items on average 143 days before selling them.
Given that,
Opening inventory = 546,745
Closing inventory = 585,764
Cost of goods sold in 2016 = $1,441,527
Average inventory:
= (Opening inventory + Closing inventory) ÷ 2
= (546,745 + 585,764) ÷ 2
= 1,132,509 ÷ 2
= 566,254.5
So, Average inventory = 566,254.5
Therefore, the average days inventory outstanding is calculated by the following formula:
= Average inventory ÷ (COGS/365 days)
= 566,254.5 ÷ ($1,441,527/365)
= 566,254.5 ÷ 3949.3
= 143.38 days
Hence 2nd year average days inventory outstanding is 143 days.
A working capital management parameter called days inventory outstanding (DIO) calculates the typical period of time a company keeps inventory before turning it into sales.
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What are the various product line decision, and when do marketing managers make each of these decisions? What is the meaning of product mix, width, depth, and length
Answer:
Product mix decisions arise as soon as an organization has several product lines. But what is ... Each of these product lines, in turn, consists of several sub-lines.
Explanation:
Which of the following best describes how subject lines should be created
The sentence that best describes how subject lines should be created is C) Bias-free language avoids words and phrases that unfairly stigmatize people.
What are subject lines?When recipients receive an email from someone especially from an organization, then the subject line serves as the first single-line text they see after the sender's name.
It should be noted that the The sender's name, the subject line, as well as the preview text are the first three items that would be seen in an email when it arrives in the inbox before it is been clicked open for the receiver of the message.
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complete question;
Which of the following best describes bias-free language?
A) Bias-free language is often unethical.
B) Bias-free language makes the user sound prejudiced.
C) Bias-free language avoids words and phrases that unfairly stigmatize people.
D) Bias-free language supports the stereotypes and prejudices that it reflects.
E) Bias-free language communicates from the audience's point of view and generally supports the audience's interests and preferences.
What is a commodity
Answer:
Something useful or valuable.
Explanation:
Explain link between creativity, innovation and entrepreneurship, and outline the steps for screening opportunities
Creativity, innovation, and entrepreneurship are interconnected and essential for driving economic growth. When screening opportunities, aspiring entrepreneurs should engage in creative idea generation, evaluate market potential, conduct thorough research,
Creativity refers to the generation of novel and valuable ideas, while innovation involves turning those ideas into practical solutions.
Entrepreneurship, on the other hand, is the process of identifying and pursuing opportunities, mobilizing resources, and taking risks to create and manage a successful venture. The link between these three concepts lies in their mutually reinforcing nature. Creativity fuels innovation by providing the initial spark for new ideas and perspectives.
Innovation, in turn, serves as a platform for entrepreneurial endeavors, as it creates opportunities for commercialization and market disruption. Entrepreneurship then takes these innovative ideas and transforms them into tangible products, services, or businesses that generate value and drive economic growth.
When screening opportunities, aspiring entrepreneurs can follow a systematic approach:
Idea Generation: Encourage and engage in creative thinking to generate a pool of potential opportunities.
Opportunity Evaluation: Assess the feasibility, market potential, and competitive landscape of each idea.
Market Research: Conduct thorough research to understand target customers, their needs, and existing solutions.
Resource Assessment: Evaluate the resources required to pursue the opportunity, including financial, human, and technological aspects.
Risk Analysis: Identify and evaluate potential risks and uncertainties associated with each opportunity.
Business Model Development: Formulate a clear and viable business model that outlines how the opportunity will be monetized.
Prototype and Testing: Develop prototypes or minimum viable products to gather feedback and validate the opportunity.
Financial Analysis: Conduct a comprehensive financial analysis to determine the potential profitability and sustainability of the opportunity.
Decision-making: Prioritize and select the most promising opportunities based on the evaluation and analysis.
Implementation and Execution: Develop an action plan and execute it effectively, leveraging creativity, innovation, and entrepreneurial skills.
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is when third parties reap the benefit of a good or service for which they did not pay. A Government resource B. Positive externality C Consumer reaction D. Negative externality Please select the best answer from the choices provided OA B OC D
Answer:
B. Positive externality
Explanation:
An externality is a benefit or a detriment to a third party created by the production or consumption of goods or services. A third party is everybody else other than the producer or consumer of a product. An externality is either positive or negative.
A positive externality is when consumption or production creates a benefit to a third party. The third-party does not meet the cost of products but indirectly enjoys its production.
Answer:
B. Positive externality
Explanation:
EDGE 2021
instance, think about the jobs listed below. While those in positions like these get to work
in and around show business, the functions they perform are based right in the clusters we
considered today: Business Management, Finance, Marketing and Sales. See if you can
search online to find what is involved with these three specific jobs. Can you find an example
of someone who holds this position? What do the do? How might their job allow them to
feel like a part of Hollywood?
Senior Vice President of Theatre Operations
Media Production Accountant
Social Media Director, Film Marketing Agency description of each of the three careers that you researched, including what tasks the
job requires and why the job is so important
2. A breakdown of the education requirements for each career, including subjects that might
be beneficial in preparing for each career
3. The projected annual salary for someone in each career and the job outlook according to
the Bureau of Labor
4. A summary of why you think this job is a good choice for someone who is interested it
"show business*
Each of these careers can be a good choice for someone interested in "show business" as they offer opportunities to work closely within the entertainment industry and contribute to its success. They provide a chance to be involved in the operations, financial management, marketing, and promotion of films and theaters.
Senior Vice President of Theatre Operations:
This role involves overseeing the operations and management of theaters within a company. Responsibilities may include developing and implementing operational strategies, managing budgets and financial performance, coordinating with production teams, ensuring smooth theater operations, and enhancing the overall customer experience. An example of someone who holds this position is Mark Manuel, Senior Vice President of Theatre Operations at AMC Theatres.
Media Production Accountant:
A media production accountant is responsible for managing the financial aspects of film and television production. They handle budgeting, cost tracking, payroll, financial reporting, and ensuring compliance with industry regulations. Their role is crucial in managing the financial resources of a production, tracking expenses, and providing accurate financial information for decision-making. Relevant education in accounting or finance is essential for this career, and knowledge of the entertainment industry can be beneficial.
Social Media Director, Film Marketing Agency:
As a social media director in a film marketing agency, the role involves developing and implementing social media strategies to promote films. They oversee social media campaigns, manage content creation, engage with audiences, analyze performance metrics, and work closely with marketing teams. Their job is important in building an online presence, creating buzz, and engaging fans within the film industry. A background in marketing, communication, or digital media is typically desired for this role.
Each of these careers can be a good choice for someone interested in "show business" as they offer opportunities to work closely within the entertainment industry and contribute to its success. They provide a chance to be involved in the operations, financial management, marketing, and promotion of films and theaters. These roles allow individuals to work behind the scenes, making critical decisions and supporting the overall success of productions. Additionally, being part of the entertainment industry can be exciting and fulfilling for those passionate about the world of show business.
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Collins Company reported consolidated revenue of $120,000,000 in 20X8. Collins operates in two geographic areas, domestic and Asia. The following information pertains to these two areas:
Sales to External Interarea Sales
Customers Between Affiliates
Domestic $70,000,000 $12,000,000
Asia $50,000,000 $8,000,000
What calculation below is correct to determine if the revenue test is satisfied for the Asian operations?
a. $58,000,000/$120,000,000.
b. $50,000,000/$140,000,000.
c. $58,000,000/$140,000,000.
d. $50,000,000/$120,000,000.
Answer:
d. $50,000,000/$120,000,000
Explanation:
The computation of the correct calculation when the revenue test is satisfied is shown below:
As we can see that the fourth option is correct i.e.
= Asian sales ÷ Total consolidated sales.
= $50,000,000 ÷ $120,000,000
Here the affiliate sales are not relevant so the same is not considered
Hence, the correct option is d.
Please Help!
Rosa works as an administrative assistant for a clothing company. Which of the following tasks might she do in her
job?
Teaching young children how to read
Arranging travel plans for clients
Manage schedules and help with office meetings
Answer:
C. Manage schedules and help with office meetings
What are human resources that can help you save for a house? What are nonhuman resources that can help you save for a house?
Answer:
Using cash money for the downpayment is the human resource and maintaining a good credit score is the nonhuman resource.
what is default reminder what is
Answer: Reminders alert you to upcoming calendar items such as appointments and meetings. By default, reminders occur 15 minutes before the start of these calendar items.
Explanation:
Computers used to produce magazine articles is it land or capital
Answer:
captial
Explanation:
Land means things like natural resources, labor is the manual work force that either makes capital products or turns natural resources into a useable product to work, and capital is anything made that is used to make something else.
When computers are used to produce magazine articles the main factor of production is capital.
To an economist, capital often refers to liquid assets. In other words, it is cash on hand that may be used on either daily requirements or long-term initiatives.
Capital refers to the funds or resources utilized to launch a firm. Capital is a resource that might be money or anything in kind that is used to buy more raw materials and inputs. It is a critical component since every firm needs some initial money.
Therefore, the main factor of production is capital.
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This is an incomplete question, the complete question is:
What is the factor of production when computers are used to produce magazine articles?
Person
Value of a Weekend Ski Trip
(Dollars)
Anna 150
Brian 90
Clem 75
Dave 50
Refer to Table 13-1 . Assume that the price of a weekend ski pass is $45 and that the price reflects the actual unit cost of providing a weekend of skiing. Suppose the government imposes a tax of $12 on skiing, which raises the price of a weekend ski pass to $57. How much tax revenue is collected from these four skiers?
a. $48
b. $36
c. $12
d. $0
Answer:
To calculate the tax revenue collected from the four skiers, we need to determine the number of skiers who continue to go skiing after the tax is imposed and then multiply it by the amount of tax per skier.
The skiers who will continue skiing after the tax is imposed are those who value the ski trip higher than the increased price of the ski pass.
Given the values of the skiers for the weekend ski trip, we can see that Anna ($150) and Brian ($90) will still choose to go skiing even with the increased price. Clem ($75) and Dave ($50), on the other hand, will not go skiing due to the increased price.
Therefore, the tax revenue collected will be the tax per skier multiplied by the number of skiers who continue to ski. In this case, the tax per skier is $12, and the number of skiers who continue to ski is 2 (Anna and Brian).
Tax revenue = Tax per skier * Number of skiers who continue to ski
= $12 * 2
= $24
Therefore, the correct answer is not provided among the options given. The tax revenue collected from these four skiers is $24.
Wat is the main advantage of using The Sentence Method
Maintaining a what of all data allows tracking changes
Answer:
A database maybe ?
Explanation:
If the money supply is $60 billion, the velocity of money is 8, and real gdp is $320 billion, then the price level equals.
The velocity of money (V=PQ/M), a measure of the health of the economy, can be computed as the nominal gross domestic product (GDP) to the money supply.
rises in the money supply while the real GDP and money velocity are fixed?Money supply (M), money velocity (V), price level (P), and real gross domestic product (Y) are all related terms. The nominal GDP is denoted by PY. Inflation will result from an increase in the money supply (M) while keeping output (Y) and velocity (V) constant.
What is the money supply's equation?Money supply is calculated using the formula MS = (MB x MM). By dividing the needed reserve established by the Federal Reserve by 1, the money multiplier, or MB, MM, is calculated.
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The most important criteria in selecting project selection method is:
Ease of use
Cost of using it
Available expertise
Realism
The most important criterion in selecting a project selection method is Realism. Thus, option D is correct.
What is project selection?An alternate definition of a project is a group of things and the outcome that is required to achieve a particular goal.
When choosing a project, every aspect may be significant, but the most significant aspect is the reality that is happening in the project of it, which means whether the project will be fulfilled by the people and if there will be any factor that will not be carried on in this project. Therefore, option D is the correct option.
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What happens when a
business gets audited?
A. The technology department will make
sure that their computer systems are safe
from hackers.
B. The government will look at all of the
company's finances and make sure the
money is accounted for.
C. The architectural engineer will look at
specifications for a project to make sure
they are correct.
D. The chief officers of the company will
look at the manufacturing process to ensure
efficiency.
Answer:In an audit, the IRS is simply questioning an item or items that you reported on your tax return. For example, the agency may question whether you actually reported all of your income, or claimed legitimate tax deductions. In most cases, you will need to provide additional documentation to support the item in question.
Explanation:
This incentive contract is based on a target price of $260,000 withexpected costs of $240,000 and target incentive of $5,000.Thecontract specifies a share ratio of 80/20. If the actual cost is $249,000, what is the seller's final fee?A.$5,000,B.$13,800,C.$11,000,D.$7,200
The seller's final fee is $7,200. which is option D. based on the incentive contract.
The seller's final fee can be calculated by subtracting the target cost from the actual cost and multiplying it by the share ratio.
First, let's calculate the difference between the actual cost and the target cost:
Actual cost - Target cost = $249,000 - $240,000 = $9,000
Next, we multiply the difference by the share ratio:
$9,000 * (80/100) = $7,200
Therefore, the seller's final fee is $7,200.
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stion 6
yet
vered
Net exports
ked out of
Select one:
O a. decrease as real domestic income increases
lag
stion
O b. are independent of real domestic income
O c. increase as real domestic income increases
O d. are always negative
O e. are always positive
The accompanying graphs illustrate an initial equilibrium for the economy. Suppose that oil prices increase temporarily.
Use the graphs to show the new positions of aggregate demand (AD), short-run aggregate supply (SRAS), and long-run aggregate supply (LRAS) in both the short-run and the long-run, as well as the short-run (ESR) and long-run (ELR) equilibria resulting from this change. Then answer what happens to the price level and GDP.
In response to the temporary increase in oil prices, the short-run equilibrium experiences a higher price level and lower GDP, while the long-run equilibrium sees a higher price level and unchanged GDP.
In the short-run, the AD curve shifts leftward due to the increase in oil prices. This is because higher oil prices increase production costs for firms, leading to reduced consumption and investment spending by households and businesses.
As AD shifts leftward, it intersects with the SRAS curve at a new short-run equilibrium (ESR). At this new equilibrium, the price level increases while GDP decreases compared to the initial equilibrium.
In the long-run, the SRAS curve adjusts to the higher oil prices as firms gradually reduce production and adjust their input costs. This adjustment reflects the fact that higher oil prices affect the overall cost structure of the economy.
As the SRAS curve shifts leftward, it eventually intersects with the LRAS curve at a new long-run equilibrium (ELR). At this equilibrium, the price level is higher than the initial equilibrium due to the higher oil prices. However, GDP returns to its potential level determined by the LRAS curve.
Therefore, in response to the temporary increase in oil prices, both the price level and GDP initially decrease in the short-run but eventually stabilize in the long-run, with a higher price level and unchanged GDP compared to the initial equilibrium.
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Farmer Jones must move ten bales of cotton to the loft in his barn. He hooked up a pulley system to raise the bales but no matter how hard he pulled, he could not lift the bales to the height required. What comment would you make regarding Farmer Jones's solution?
A) He should use one fixed pulley.
B) He should consider some way to reduce friction.
C) He should push the bales up an inclined plane or ramp.
D) He should use a larger pulley system with additional support ropes.
Answer:
Explanation:
度的 i 烘培 有 沟通 有人 安慰你色弱
Answer:
i think d
Explanation:
An iterative group process that allows experts, who may be located in different places, to make forecasts is referred to as ________.
The iterative group process that allows experts, who may be located in different places, to make forecasts is referred to as Delphi method.
What is Delphi method?The Delphi method is an iterative group process used for making forecasts, generating ideas, solving problems, or reaching consensus on complex issues. It involves a structured approach to gathering input and opinions from a group of experts or stakeholders, who may be located in different places, in order to arrive at a collective decision or forecast.
The Delphi method is often used in situations where there is a need to tap into the collective intelligence of a group of experts or stakeholders, and where face-to-face interaction may not be feasible due to geographical, logistical, or time constraints.
The Delphi method is the iterative group process that allows experts, who may be located in different places, to make forecasts.
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Scarcity occurs when supply exceeds demand.
True of False
Answer:
false
Explanation:
demand must be greater than supply
What steps should Shana take to meet the needs of the company’s sales representatives?
In the template’s Slide Master tab, select Insert Layout, name the layout, and insert a placeholder. Thus, option C is correct.
Using a computer program, Shana aids the salespeople of the organization in creating presentations for customers will be with the help of a placeholder will be her job role.
Select the sort of filler you wish to add by clicking the Include Placeholder button on the Slide Master tab. Drag the mouse to create the placeholder at the desired area on the slide template. Placeholders may be added to any number.
Therefore, option C is correct.
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The question is incomplete, Complete question probably will be is:
Shana works for a company that makes industrial kitchen equipment that is sold to cafeterias and restaurants. She helps the company’s sales representatives create presentations for clients. They regularly use a custom PowerPoint template to craft their pitches. The sales reps have asked for a slide that will allow them to add a diagram showing the benefits of the equipment they sell.
What steps should Shana take to meet the needs of the company’s sales representatives?
Insert a slide for a diagram each time a sales rep needs to create a new presentation.
In the template’s Slide Master tab, use Master Layout to pick a placeholder for a diagram.
In the template’s Slide Master tab, select Insert Layout, name the layout, and insert a placeholder.
Save a brand-new presentation using the template, select Insert, and choose Charts from the Illustrations command group.
which is the following is a business outcome of Digital SEP
The one that is a business outcome of digital SEP is option A. Agility
What is business outcome of digital SEP?The business outcome of digital SEP (Sales Enablement Platform) is an increase in sales performance and efficiency. It allows sales teams to access the right content, insights, and analytics to make better decisions and close more deals.
It also helps to reduce the amount of time spent on sales activities and increase the amount of time spent on customer interactions. Additionally, it can help to improve customer experience and loyalty, leading to higher customer satisfaction and retention rates.
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The complete question goes thus:
Which of the following is a business outcome of digital SEP -
a) Agility
b) Risk management
c) Financial leadership
d) All
(30 Marks)
a)Management of GENADE Travel and Tour has identified two groups of
individuals that would be interested in the vacation package consisting of room and
board and/or entertainment. The maximum amount that group 1 is willing to pay
for room and board is GHC 2500 and for entertainment is GHC 500. For
group 2,
the maximum amount they are willing to pay for room and board is GHC 1800 and
for entertainment is GHC 750. Although GENADE Travel and Tour is not able to
identify members of either group, it does know that each group values the
components of the package differently. Assuming there are an equal number of
members in each group and that the total membership in each group is a single
individual. If the marginal cost of providing the service. (room and board and/or
entertainment) to each group is GHC 1000.
The marginal cost of providing the service, For room and board GHC = 1800 And For entertainment GHC500.
If the management is not able to identify the group of customers, it should charge the minimum price customers are willing to pay as it does not lead to losing a market share and helps to compete in the market without identifying the group of customers. But this strategy is suitable only if the management is able to recover its marginal cost.
The maximum price for room and board = GHC 2500
The maximum price for entertainment = GHC 750
The minimum price for room and board = GHC 1800
The minimum price for entertainment = GHC500
Marginal cost = GHC1000
The minimum price customers are willing to pay = is GHC(1800 + 500).
Thus, The marginal cost of providing the service
For room and board GHC = 1800
And For entertainment GHC500
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On June 1, Barlow Inc. performed services and billed its client, Bertram Enterprises $1,500. On June 9, Bertram paid the account in full. The combined effect of these two transactions on Bertram’s tabular analysis is:
The effect of these two transactions is that, Bertram liability towards the payment of the amount of bill will decrease on June 9.
What is bill?A bill is defined as an instrument that is given to another person as a proof of purchase, and it also denotes that how much the amount would be paid by one person to another.
On June 1, Barlow Inc. completed work for Bertram Enterprises and billed them $1,500. Bertram paid the account in full on June 9th.
Bertram's tabular analysis is affected by the combined effect of these two transactions, are shown in the image below.
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smith and wesson, a firearms maker has experienced significant change to its business due to the influence of the internet. In the past, the company focused on making rifles but more recently has changed its attention to marketing and the news media, which has caused a shift in how management functions in smith and wesson focused on in making the change?
The correct answer is Option A: Organizing. The management function that Smith and Wesson focused on in making the change is Organizing.
Organizing is a managerial task that enables managers to carry out their goals by properly allocating team members, distributing firm resources, or allocating workplace resources. To ensure that every aspect of an organization runs effectively, effective business management calls for careful attention to detail and meticulously crafted procedures.
Designing individual tasks inside the company is another aspect of organizing. Decisions must be made regarding each of the job's obligations and responsibilities, as well as how those obligations should be fulfilled. Decisions about the organization's jobs' type are frequently referred to as "job design" decisions.
Smith and Wesson, a firearms maker has experienced significant change to its business due to the influence of the Internet. In the past, the company focused on making rifles but more recently has changed its attention to marketing and the news media, which has caused a shift in how the company’s resources can best be used to create goods and services. Which of the management functions is Smith and Wesson focused on in making the change?
A. Organizing
B. Planning
C. Controlling
D. Leading
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In what way are mutual funds similar to common stocks
A) Investors get to vote a major decision for all really good investment
B) Mutual funds offer your risk-free investment opportunity
C) investing in a mutual fund gives the investor a Proportionate ownership in that fun
Answer:
Option C defines the similarity between the mutual funds and common stocks
Explanation:
Common stocks is just like buying shares of a company and having certain % of share in that fund.
Like wise mutual funds are too equivalent to buying shares or stocks but not individually but with other people having proportionate sharing governed by the amount invested by each individual.
Hence, option C is correct
Answer:
Investing in a mutual fund gives the investor a proportionate ownership in that fund.
Explanation:
I got it right on the test nun to worry about.
Consider total cost and total revenue, given in the following table:
In the final column, enter profit for each quantity. (Note: If the firm suffers a loss, enter a negative number in the appropriate cell.)
Total Cost Marginal Cost
(Dollars)
Quantity (Dollars)
0
1
2
3
4
5
6
7
5
6
8
11
15
20
26
35
05
06
07
Total Revenue Marginal Revenue
(Dollars)
(Dollars)
0
6
12
18
24
30
36
42
AAAAAAA
Profit
(Dollars)
In order to maximize profit, how many units should the firm produce? Check all that apply.
04
The solution to the given question when we consider total cost and total revenue, given in the following table:
The Financial TableQuantity | Total Cost | Marginal Cost | Total Revenue | Marginal Revenue | Profit
------- | -------- | -------- | -------- | -------- | --------
0 | 5 | 5 | 0 | 0 | -5
1 | 11 | 6 | 6 | 6 | 1
2 | 17 | 6 | 12 | 6 | 5
3 | 24 | 7 | 18 | 6 | 4
4 | 31 | 8 | 24 | 6 | -7
5 | 39 | 8 | 30 | 6 | -9
6 | 47 | 8 | 36 | 6 | -11
7 | 55 | 8 | 42 | 6 | -13
As you can see, the firm's profit is maximized at quantity 3. This is because the marginal revenue is equal to zero at this point, which means that the firm is not making any additional profit by producing more units. In fact, if the firm produces more units, it will actually start to lose money.
Therefore, the answer to the question is 3.
In summary:
The firm's profit is maximized at quantity 3.This is because the marginal revenue is equal to zero at this point.If the firm produces more units, it will start to lose money.Therefore, the answer to the question is 3.Read more about marginal revenue here:
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