Answer:
b. Golfanatics did a better job because its inventory turnover was higher.
Explanation:
Inventory turnover is defined as the number of times a business sells off its inventory in a year. Businesses target higher inventory turnover as this implies that they are making more sales.
The inventory turnover of Golf Inc was 5 times in the year.
The inventory turnover of Golfanatics was every 65 days, so in a year turnover would have been= 365/65 = 5.615
So Golfanatics turned over their inventory more times (5.615 times) than did Golf Inc (5 times).
Answer:
The correct answer is the option A: Corrective advertising.
Explanation:
To begin with, the concept known as <em>"Corrective Advertising"</em> refers to a severe penalty that is used by many agencies, including the Federal Trade Commision, in ordert to impose to the companies the fact that they had worked unethically regarding certain advertisements that they have been controled by the agency. Therefore that the corrective advertising is a way to penalize those companies, that had advertised products with false information or that might cause harm to the consumers.
Perpetuity pays $100 each and every year forever. the duration of this perpetuity will be 12.11
Yield rate = 9% or 0.09
Duration of perpetuity = (1+ Interest Rate) / Interest Rate
= 1+ 0.09 / 0.09
= 1.09 / 0.09
= 12.11
A perpetual annuity is a never-ending annuity or series of cash payments that lasts forever. True eternity is rare. For example, the UK government has issued them in the past. These were known as consoles and were all eventually redeemed in 2015. Cash flow is endless.
Learn more about perpetuity here: brainly.com/question/24261067
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Had to look for the rest of the details and here is my answer.
Based on the given table of data attached to this question, the best estimate for Korey to quote as expected profits in the next year for his business plan next year would be <span>$19,386.97. Here is the given information of his net year profits.
</span>Year
Net Profits
1: $14,250.00
2 : $15,390.00
3 : $16,621.20
4 : $17,950.90
<span>5 : ?
</span>
Hope this answer helps.
Explanation:
When a new partner is admitted a new agreement is formed and thus the firm is reconstituted.
