guava, inc. provides the following data: 20x9 20x8 cash $22,000 $20,000 accounts receivable, net 39,000 39,000 merchandise inventory 58,000 26,000 property, plant, and equipment, net 120,000 94,000 total assets $239,000 $179,000 for the year ending december 31, 20x9: net credit sales $260,000 cost of goods sold (120,000) gross profit $140,000 calculate the days' sales in inventory for 20x9.
Answers
Given the data provided, the Merchandise Inventory for 20x9 is $58,000 and the Cost of Goods Sold is $120,000. Therefore, the Days' Sales in Inventory for 20x9 for Guava, Inc. is 98.33 days.
To calculate the Days' Sales in Inventory for 20x9 for Guava, Inc., the following formula should be used:
Days' Sales in Inventory = (Merchandise Inventory ÷ Cost of Goods Sold) x 365
Given the data provided, the Merchandise Inventory for 20x9 is $58,000 and the Cost of Goods Sold is $120,000.
Using this information, we can calculate the Days' Sales in Inventory as follows:
Days' Sales in Inventory = ($58,000 ÷ $120,000) x 365 = 98.33 days
Therefore, the Days' Sales in Inventory for 20x9 for Guava, Inc. is 98.33 days.
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Related Questions
Monopolistic competitors in the food industry will often include a recyclable symbol on packaging used for their product as a means to be socially responsible. be environmentally responsible. differentiate their product. be perceived more favorably.
Answers
YES, BECAUSE WHETHER A BUSINESS DECIDES TO PROVIDE A POSITIVE LANDMARK STAMP ON THEIR PRODUCTS AND / OR SERVICES IS THEIR DECISION.
THE ONES THAT DECIDE TO MAKE THE DIFFERENCE ARE OFTEN REMARKABLE FROM THE COMPETITION, THIS OTHER ECONOMIC GROUP THAT DID NOT HAD THE INITIATIVE TO INNOVATE FOR A BETTER EXPERIENCE.
Which condition is a result of open competition in a free market system?
A. Poor customer service
B. Government regulation
C. Higher prices
D. Higher quality goods
Answers
A result of open competition in a free market system is higher quality goods (option D).
What is the result of open competition?
Competition is when there are many producers operating in a particular industry. Competition is high in purely competitive markets and low in a monopoly. This is because in a pure competition, there are many producers while there is only one producer in a monopoly.
Due to the high level of competition in an industry, prices would be more likely to be low. This is because producers would want to attract more consumers by fairly pricing their goods. Also, producers would want to offer good customer service in order to retain consumers as there are many competing producers in the market. High quality goods are also a way to attract an retain customers.
A free market system is a market system where prices are set by the forces of demand and supply. There is no government regulation in this type of market.
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True or false?
The law of diminishing returns states that as more variable inputs are added to production, the productivity of these inputs increases.
Answers
Answer:
that would be true
Explanation:
a negative balance in a trust account is likely due to:
Answers
A negative balance in a trust account is likely due to insufficient funds or overdrafts. A trust account is typically used to hold and manage funds on behalf of clients or beneficiaries.
A negative balance in a trust account occurs when the total amount of withdrawals or debits exceeds the available funds in the account. This can happen for several reasons.
One possible cause of a negative balance is insufficient funds. If there are not enough funds in the trust account to cover the requested withdrawals or transactions, the account balance will become negative. This can occur when there are unexpected expenses floating exchange rate system or when the account holder miscalculates their available funds.
Another cause of a negative balance in a trust account is overdrafts. An overdraft happens when withdrawals or debits are made from the account, exceeding the available balance. In some cases, banks may allow accounts to go into a negative balance temporarily, but this usually incurs fees or interest charges.
In either case, it is essential to monitor trust accounts closely to ensure that sufficient funds are available and to promptly address any negative balances. Financial institutions and account holders should work together to rectify the situation, either by depositing additional funds or adjusting transactions to bring the account balance back to positive.
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As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes before you learn how strong demand is for homes in this large neighborhood. There is a 60 percent chance of low demand and a 40 percent chance of high demand. The corresponding (inverse) demand functions for these two scenarios are P = 300,000 – 400Q and P = 500,000 – 275Q, respectively. Your cost function is C(Q) = 140,000 + 240,000Q. How many new homes should you build, and what profits can you expect?
Answers
The number of new houses that will be built is 200 while the profit is $13860000.
From the information given, the expected demand function will be:
= 60% × (300000 - 400Q) + 40% × (500000 - 275Q)
= 380000 - 350Q
Therefore, P = 380000 - 350Q
Since profit is the difference between the revenue and cost. This will be:
= (380000 - 350Q) × Q - (140000 + 240000Q)
Therefore, maximizing the profit will be:
380000 - 350 × 2Q - 240000 = Q
Q = 200
Therefore, profit will be:
= (380000 - 350Q) × Q - (140000 + 240000Q)
= (380000 - 350 × 200) × 200 - (140000 + 240000 × 200)
= 13,860,000
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Diego wants to buy a dirt bike. He borrows a $7,999 simple interest loan from the bank
for 36 months at an interest rate of 9.7%.How much simple interest will he pay
Answers
Answer:
$ 2,327.709
Explanation:
Only the principal amount is considered when calculating simple interest. In simple interest, the principal amount remains constant. The formula for simple interest is as I = p x i x t
where I = interest
P = principal amount ...
i= interest rate
t= time
For Diego, p= $7,999, i= 9.7% , t 36 months or 3 years
Diego will pay
I= 7999 x( 9.7/100) x 3
I= 7999 x 0.097 x 3
Diego will pay $ 2,327.709
How do depreciating assets hurt your financial health?
a. They decrease your net worth.
b. They increase your discretionary spending.
d. They lower your FICO score.
c. They increase your equity.
Answers
Answer:
A
Explanation:
net worth is based on assets and income so if assets decrease your net worth decreases
Do you think Lance is right to be concerned about Leroy's plan for growth? Justify your answer.
Answers
Lance is right to be concerned about Leroy's plan for growth. Leroy's plan is not feasible, and Lance should communicate his concerns with Leroy.
Lance must convey his concerns to Leroy to assist him in developing a more feasible growth strategy. Leroy's plan is to double the size of his business within a year. It is a commendable goal, but the approach he has outlined is not feasible. Leroy is unable to raise the capital required for this growth strategy. He does not have the required cash reserves to finance the expansion, and acquiring the financing required for the expansion could result in high-interest rates. Leroy is also not ready to scale up his business.
He has inadequate staff and no systems or processes in place to ensure the smooth functioning of the business. He will need to employ more people, and he must have systems in place to manage these new employees effectively. Moreover, the market may not be ready for the company's growth. The company's sales growth may slow, leading to a decline in revenue. Leroy must do market research before scaling up his business. Lance should discuss all of these issues with Leroy and advise him on what to do next.
To summarize, Lance is justified in being concerned about Leroy's growth plan. It is critical for Leroy to recognize that scaling up his business would necessitate more than simply doubling its size. Leroy must reassess his goals and come up with a more realistic plan for growth.
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A company that is organized by function will group its employees into teams based on what?
Answers
This organisational structure divides workers into functional areas according to their areas of competence. These functional categories frequently correspond to phases of the value chain like operations, R&D, and marketing and sales.
What is meant by organisational structure?The way tasks are assigned, coordinated, and managed in order to achieve organisational goals is determined by the organisational structure. The foundation upon which standard operating procedures and routines are built is provided by organisational structure, which influences organisational action. Functional, multi-divisional, flat, and matrix organisational structures are the four different types.An organisational structure is a framework for managing specific tasks in order to accomplish a strategic goal. All of these activities have guidelines, expectations, and roles.An organization's structure serves as a tool for its members to carry out their duties in an effective and timely manner as well as for the organisation as a whole to achieve its goals and objectives. In addition to assigning employees their specific work duties and responsibilities, an organisational structure aids management in coordinating and managing operations.To learn more about organisational structure, refer to:
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What can a boosted post help an advertiser achieve?
Answers
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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At which point in the accounting cycle should an accountant prepare a trial
balance?
A. Just before preparing financial statements
OB. At any point he or she chooses
OC. At the end of the cycle only
D. At the beginning of the cycle only
Answers
At the end of the cycle only in the accounting cycle should an accountant prepare a trial balance. The correct option is C.
Why do accountants prepare a trial balance?A trial balance's purpose is to ensure that all entries made to an organization's general ledger are properly balanced. Each general ledger account's ending balance is listed in a trial balance. Each accounting entry's total dollar amount of debits and credits is supposed to match.
The trial balance is created after all transactions in the ledger accounts have been recorded. All ledger account balances to the credit and debit sides are recorded in the trial balance. It is typically prepared at the end of the fiscal year, prior to the preparation of final accounts.
Thus, the ideal selection is option C.
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yield curve what factors influence the shape of the yield curve? describe how financial market parti- cipants use the yield curve.
Answers
The shape of the yield curve is determined by a variety of factors, including economic conditions, inflation expectations, supply and demand in the bond market, and the overall sentiment of the financial markets.
Generally, when economic growth is expected to be strong, the yield curve will be steeper; when growth is expected to be weak, the yield curve will be flatter. Inflation expectations also influence the yield curve; higher inflation expectations lead to a steeper yield curve.
Financial market participants use the yield curve to gauge current and future economic conditions, and to make investment decisions.
For example, if the yield curve is steepening, this usually indicates that economic growth is expected to be strong and investors may be more likely to invest in stocks or other growth assets.
On the other hand, if the yield curve is flattening, this usually indicates that economic growth is expected to be weak, and investors may be more likely to invest in bonds or other fixed-income assets.
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What is something that will not help you get a higher credit limit?
A: Paying off the balance of the credit card each month
B: Asking the banking company for a higher limit on your credit card
C: Maxing out the credit card and only making the minimum payment each month
D: Making more money at your job (More personal income)
Answers
Maxing out the credit card and only making the minimum payment each month is something that will not help you get a higher credit limit. A credit limit is the most money you are permitted to spend on a credit card or line of credit by a lender.
If a credit card company grants you a credit limit of $2,500, that is the most you may ever have charged to the card payment . If you charge $1,900 to your card, you will have $600 left over that you can use without paying a fee or being restricted from using the card limit further.
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Somebody pls help me to this step by step. Only step by step one will get the brainliest.
10. Simplify:
a. (2a+3b)^3-(2a-3b)^3
Answers
a^3 − b^3 = ( a−b ) ( a^2 + ab + b^2 ) where a 2a + 3b
and b = 2a - 3b
18b ( 4a^2 + 3b^2)
Simplify:
54b^3+72a^2b
the minimum amount that an operation must generate in sales to cover all costs is known as the
Answers
The minimum amount that an operation must generate in sales to cover all costs is known as the break-even point.
It is a crucial concept in business as it helps companies understand their profitability and sustainability. The break-even point is calculated by dividing the total fixed costs by the contribution margin per unit. The contribution margin is the difference between the sales price per unit and the variable cost per unit. The break-even point is significant because it indicates how many units of a product or service a company must sell to cover its costs, and any sales beyond that point will generate a profit. It is also important for businesses to continually evaluate their break-even point as costs and market conditions may change over time, which could impact the amount of sales needed to cover all costs. In summary, understanding and monitoring the break-even point is essential for businesses to ensure they are profitable and sustainable in the long term.
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Susan took out a personal loan for $3,500 at an interest rate of 13% compounded monthly. She made arrangements to pay the loan off in 3 years. What will her monthly payment be? a. $99. 34 b. $105. 32 c. $117. 93 d. $156. 60 Please select the best answer from the choices provided A B C D.
Answers
The correct statement is that Susan's monthly payment for a personal loan which is to be paid off in three years will be $143.3. So, the correct from the given choices is not given above.
The computation of monthly payment can be done by calculating the annuity and then dividing it by the number of months of the duration of payment of such loan.
Calculation of monthly paymentPutting the given values into the formula for compounded annuity, the values obtained will be as, \(\rm Compounded\ Annuity= Principal(1+\dfrac{r}{n})^n^t\\\\\rm Compounded\ Annuity= 3500(1+\dfrac{0.13}{12})^1^2^ x ^3\\\\\\\rm Compounded\ Annuity= \$5158.60\)Now dividing the total compounded annuity by number of months which is given as 36 months will be calculated as, \(\rm Monthly\ Payment = \dfrac{Annuity}{Period}\\\\\\\rm Monthly\ Payment = \dfrac{5158.60}{36}\)So, the monthly payment will be, \(\rm Monthly\ Payment = \$143.29\)Hence, the correct option is not given above and the monthly compounded payment on a personal loan of $3500 for a period of 36 months will be $143.3.
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Bobby is the plant manager of one of the three manufacturing plants of a paper manufacturing company. He is responsible for synching the processes of his plant with the standards set at the company's headquarters. He sends weekly updates of raw material requirements to the purchase division at the headquarters. He also connects the company's human resources department with the employees who work in his plant. In this scenario, Bobby is most likely a _____. a. middle manager b. first-line manager c. top manager d. team leader
Answers
Answer:
a. middle manager.
Explanation:
In this scenario, Bobby is the plant manager of one of the three manufacturing plants of a paper manufacturing company. He is responsible for synching the processes of his plant with the standards set at the company's headquarters. He sends weekly updates of raw material requirements to the purchase division at the headquarters. He also connects the company's human resources department with the employees who work in his plant. In this scenario, Bobby is most likely a middle manager.
A middle manager refers to an individual who acts as an intermediary between the executive management and the employee working with the company.
economy where the government owns and offers all the goods and services is called ?
Answers
In such situation, we would have what is known as a command economy, in which the government owns, provides, and sets the prices for all goods and services.
The goal of a command economy, often referred to as a planned economy, is to maximise societal welfare by the planning, coordination, and direct supervision of all economic activity. In contrast to free-market economies, command economies do not permit market forces like supply and demand to control production or prices. All resources are allocated by the government in line with the overall plan. It strives to make the best use of the country's financial resources, labour force, and natural resources. A central authority determines both the maximum allowable output and the prices that can be paid for products and services under a political system with a command economy. Most industries are publicly held businesses.
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One of the major trends in the lodging sector is that organizations are becoming more international.
O False
O True
Mark this and return
Save and Exit
Nex
Subm
Answers
A new business has total sales of $7,500 and cost of goods sold is $3,733. What is the gross margin from sales?
Answers
Answer:
i think its 0.50:1
Explanation:
A gross profit margin of 0.33:1 means that for every dollar in sales, you have 33 cents to cover your basic operating costs and profit.
Some business owners will use an anticipated gross profit margin to help them price their products. While other factors -- such as competition and demand -- may play into pricing decisions, a gross profit margin is a good starting point for product pricing. For example, if a product costs $8 to produce, and your gross profit margin is 20 percent, you can calculate your pricing by dividing your cost by (1 - 0.2). In this case, $8 divided by .8 would yield a price of $10.
You can also use your gross profit margin ratio to help you set and monitor sales goals for your company.
Because costs for raw materials, labor and manufacturing expenses all play into your profit margin ratio, a change in this ratio over time could mean it's time to look for new suppliers or review your pricing structure.
If a new business has total sales of $7,500 and cost of goods sold is $3,733. The gross margin from sales is: $3,767.
Gross marginUsing this formula
Gross margin=Total sales -Cost of goods sold
Where:
Total sales=$7,500
Cost of goods sold=$3,733
Let plug in the formula
Gross margin=$7,500-$3,733
Gross margin=$3,767
Therefore the gross margin from sales is: $3,767.
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give questions from biology plzz and take free 20 points for that and more after you give question and ill give brainliest
Answers
Answer:
How did evolution ever lead ostriches to hide their head in the sand when an enemy approaches?
Explanation:
HOPE IT HELP
an example of a perfectly competitive market would be the
Answers
An example of a perfectly competitive market would be the market for soyabeans that is option B is correct.
Market is a place where the consumers can get all the necessary items that are required for daily living. Markets are of different types. A perfectly competitive market is the one n which there is competition within the products very sharply. It means that if any consumer finds a flaw in any product then the consumer can look for the alternative of the product within the market. This means there are always alternative present for products within perfectly competitive markets. In the Soyabean market if the prices of soyabeans go high consumers will purchase different vegetables instead of Soyabean so its market is perfectly competitive.
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Complete Question:
An example of a perfectly competitive market would be the market for...
a) electricity
b) soybeans
c) coffee shops
d) restaurants
Kylie lives near a beautiful beach and has grown up surfing the waves. Many families come to visit her area and Kylie has noticed that visiting children are rarely successful when they try to surf. Taking advantage of her location and experience, what kind of service in the Hospitality and Tourism career cluster might Kylie think of offering and why?
PLEASE HELP NOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Answers
Answer: Surf Training
Explanation:
I didn't see any Multiple Choice Questions, I would say Surf training, Why? Because If they don't do well and its rare for them to be successful at surfing the waves then "Kyle" Could make a Surf Training. Which would mean she or a group would help a Couple of kids or participants learn to surf and coach them along the journey.
If Its multiple choice let me know.
Answer: If Kylie takes advantage of her location and experience, she could potentially teach the visiting children how to surf (Tourism); if the learning children she could help them heal depending how big the wound is (Hospitality).
______ Is a market in which a large number of suppliers compete with each other to satisfy the needs and wants of a large numbers of consumers at a competitive price.???
Answers
Answer : Monopolistic competition
Answer:
Monopolistic Competition
Explanation:
In a monopolistic competitive market, there are large numbers of sellers who do not sell identical products instead they sell differential products. They compete with each other at a competitive price. The products could be differentiated in many ways including quality, style, location and even brand name. Since they compete at a competitive price, if there is a substantial rise in the price of any of the products, the buyers could quickly shift from one product to another. The most crucial factor behind product differentiation is because of geographical factors. Under a monopolistic competitive market, the sellers do not have any influence over customer loyalty and limited control over the price.
Maria Jensen, an insurance agent, earns a 40% commission on her sales. If Maria earned a commission of $1,500 in her first week on the job, what were her total sales for the week?
Answers
Maria Jensen is an insurance agent who earns a commission of 40% on her sales. In her first week on the job, Maria earned a commission of $1,500.
We can solve the problem by using the formula below;
C = P x Rwhere;C = Commission earnedP = Total salesR = Commission rate
Maria's commission rate is 40%. That means the commission she earned represents 40% of the total sales.
We can represent the total sales with the letter "S." We can,
herefore, write an equation below to represent the information given in the problem;
1,500 = 0.40S
We can solve for S by dividing both sides of the equation by 0.40;1,500/0.40 = S3750 = S
Total sales for the week were $3,750.
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Click this link to view o*net’s skills section for chefs. according to o*net, what are other common skills chefs need? check all that apply installation monitoring management of personnel resources critical thinking time management technology design
Answers
According to O*NET, other common skills chefs need include: Installation, Monitoring, Management of personnel resources, Critical thinking, Time management, Technology design, Operation monitoring, Equipment maintenance, communication.
Meaning: The O*NET programme is the main repository for occupational data in the country. The O*NET database, which contains data on hundreds of standardized and occupation-specific characteristics, is essential to the project. By polling a wide range of employees from each occupation, the database is continuously updated.
The most important soft skill for chefs and head cooks is to possess is time management, Excellent listeners, communicators who use proper language, and relationship builders.
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The following question may be like this:
Click this link to view o*net’s skills section for chefs. According to O*NET, what are common skills needed by Chefs and Head Cooks? check all that apply
Answer: monitoring
management of personnel resources
critical thinking
time management
Explanation: trust me
What does indigenous technology mean?
Answers
Answer: I hope this is helpful mark brainlist if right then no if wrong
Explanation:
Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.Technologies employed by the native inhabitants of a country and which constitute an important part of its cultural heritage and should therefore be protected against exploitation by industrialized countries; the problem of indigenous knowledge has been discussed during the Rio Conference but it does not receive much ...Types of indigenous technology in India are; (i) Generic Drugs. (ii) Thorium based Nuclear Reactors. (iii) Plastic RoadsIndigenous Technology is created within a sensory environment that builds on our sense of relationship, meaning, balance, feeling, memory and place as well as sight, sound, smell, taste and touchIndigenization is the process by which Indigenous ways of knowing, being, doing and relating are incorporated into educational, organizational, cultural and social structures of the institution.One example of Indigenous Technologies in action today can be witnessed in differential approaches to medicine. Medical technologies in the Western Scientific sense of the term might conjure images of biomedical research labs, electromagnetic monitors or imaging systems such as CT or MRI scans.Indigenous technology is used by the native inhabitants of a country or region and it constitutes an important part of its cultural heritage. Characteristically, indigenous technologies: Are recognized as animate, imbued with the breath of life and they live in form and function.
Does anyone know were I can find all the answers to EverFI
Answers
during the introduction stage sales are ______ and profit is ______.
Answers
Product Life cycle Management has several stages. The stages determined the growth and low downs of product. During the introduction stage, sales are growing slow(low) and profit is minimal.
Market Introduction stage is often called the introduction stage that has a low growth rate of sales as the product is said to be recently brought into limelight and consumers may not know much about it.Most times, firms do experience losses rather than profits during this stage. and so when product is new on the market and small or no profit is made due to high costs and low sales.
Conclusively, the stage gives a lot of opportunities such as low competition in the market.
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What do you mean by a facilitator? What are the major jobs of a facilitator of non formal educational programme
Answers
Explanation:
It is important to note that much of the intermittent formal learning throughout people's....Part of being an effective facilitator of informal learning ( and non-formal education) involves.
Answer:
The definition of facilitate is "to make easy" or "ease a process." What a facilitator does is plan, guide and manage a group event to ensure that the group's objectives are met effectively, with clear thinking, good participation and full buy-in from everyone who is involved.