Answer:
(a) Inventory turnover = $11
(b) Total number of days = 33.2 days
Explanation:
We have given cost of goods sold (COGS) = $660000
Average inventory = 60000
(a) We have to find inventory turnover
Inventory turnover is given by
(b) Number of days sales in inventory = 
where's the graph? i need to see the image of the graph for me to be able to answer your question.
commodity chain is a term BEST describes the steps involved in creating and getting the phone to the point of sale
What is commodity chain?
A commodity chain is a method that businesses use to obtain resources, change them into products or commodities, and then distribute those products to customers. It is a network of connections that join the many production and distribution hubs to create a good that is subsequently traded on the global market. It is, in a nutshell, the coordinated route taken by a good as it moves from producers to consumers. Depending on the kinds of marketplaces or the kinds of products, commodity chains can vary widely. A commodity chain's various stages may involve other economic sectors as well as the same company.
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The project's objectives, scope, and restrictions are typically determined during the beginning phase by a project sponsor working with a project manager. The project charter is then created.
What are two main actions in the initiation phase of a project?
The first stage in launching a new project is project initiation. You determine the project's purpose and the business value it will provide at the project start phase. Then, you use that knowledge to win support from important stakeholders.
Why is the process of initiation important?
Finding out why a project is needed and whether it is viable are the main goals of the start phase. Another crucial goal is to ascertain the project's requirements, which entails figuring out what the outcome will be, such as information, a prototype, a proof of concept, or a usable product.
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Answer:
Cash Balance+$1,500 -$200 - $400-$200
Cash-Basis Net Income+$1,500 - $200 - $400-$200
Accrual-Basis Net Income$0+ $3200-$400 - $400-$200
Explanation:
The cash basis of accounting recognizes revenues when cash is received, and expenses when they are paid. Accrual accounting is a method of accounting where revenues and expenses are recorded when they are earned, regardless of when the money is actually received or paid.
