Inventory turnover = Cost of goods sold / Average Inventory
Average Inventory = (Beginning Inventory + Ending Inventory) / 2
= ($20,000 + $40,000) / 2
= $30,000
Inventory turnover = $360,000 / $30,000
= 12 times.
The borrower may be awarded real losses, legal expenses, and, in extreme situations, the credit may be extended.
<h3>What is foreclosure consultant?</h3>
A person who stops the sale of foreclosure is called as foreclosure consultant. He, directly or indirectly, makes a solicitation, representation, or offer to an owner to perform for the act of foreclosure.
A borrower filed a lawsuit against a foreclosure consultant for breaking the mortgage foreclosure consultant legislation. The borrower may be awarded actual damages, legal charges, and credit may be extended in exceptional cases.
Therefore, it can be concluded that credit expansion can be done in some of the cases for violating the mortgage.
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Answer and Explanation:
The computation is shown below:
Contribution Margin for Bat
= $50 - $50
= $0
Contribution Margin for Gloves = $100 - $80
= $20
Now
Overall Contribution Margin = (0 ×70%) + ($20 × 30%)
= $0 + $6
= $6
Now
A. Break even sales = Fixed cost ÷ contribution margin
= $57,000 ÷ $6
= 9,500
B.Baseball bats = 9,500 × 70% =6,650
Baseball Gloves = 9,500 × 30% = 2,850
The complete question is as follows:
The admission directory of Big City University has a novel idea. He proposed using the IQ scores of current students as a marketing tool. The university agrees to provide him with enough money to administer IQ tests to 50 students. So the director gives the IQ test to an SRS of 50 of the university’s 5000 freshman. The mean IQ score for the sample is xbar=112. The IQ test he administered is known to have a σ of 15. What is the 95% Confidence Interval about the mean? What can the director say about the mean score of the population of all 5000 freshman?
Answer: The 95% confidence interval about the mean is .
The director can say that he is 95% confident that the mean IQ score of the 5000 freshmen lies between 107.84 and 116.16.
We follow these steps to arrive at the answer:
Since the population standard deviation of the IQ test is known, we can use the Z scores to find the confidence interval.
The formula for the confidence interval about the mean is:
In the equation above, X bar is known as the point estimate and the second term is known as Margin of Error.
The Critical Value of Z at the 95% confidence level is 1.96.
Substituting the values in the question in the equation above we have,
.answer:
the correct answer is (c)
explanation:
information systems manager (IS Manager) represent data innovation in an association, regulating a group of IT experts. The job incorporates data frameworks arranging, establishment, and support, including equipment and programming overhauls. IS directors may concentrate on a particular issue, for example, arrange security or Internet administrations, or they may organise all innovation tasks