Four companies computed their days' sales in inventory as follows: Company A: 47.2 Company B: 36.5 Company C: 45.1 Company D: 39.4 Which company is the most efficient and effective in managing its inventory

Answers

Answer 1

The most efficient and effective in managing its inventory is Company B.

Who is the most efficient?

The days' sales in inventory  is a financial ratio that measures the rate at which a firm is able to sell its inventory in a given year. The lower the ratio, the more efficient a firm is in selling its inventory.

Days' sales in inventory = number of days in a period / inventory turnover

Inventory turnover =  cost of goods sold / average inventory

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Related Questions

There is no direct relationship between economies of scale and economies of scope because Part 5 A. economies of scale pertain to one output and economies of scope pertain to more than one output. B. economies of scale pertain to one input and economies of scope pertain to more than one input. C. economies of scale pertain to cost and economies of scope pertain to output. D. economies of scale pertain to more than one input and economies of scope pertain to one input. E. economies of scale pertain to output and economies of scope pertain to input.

Answers

There are no established relationship between the economies of scale and economies of scope because the former pertain to one output and the latter pertain to more than one output.

What is an economies of scale & scope?

An economies of scale means a situation whereby the average costs per unit of output decrease with the increase in output being produced by a firm while the economies of scope means the fact that a production of one good reduces the cost of producing other related good.

However, there is no relation because the former pertain to one output and the latter pertain to more than one output.

Therefore, the Option A is correct.

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It is an uncommon practice to require employees, contractors, and outsourcers to sign two basic agreements: a confidentiality agreement (also known as a nondisclosure agreement) and an acceptable use agreement. True False

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It is quite common for employees to sign a confidentiality agreement and an acceptable use agreement so this is FALSE.

Why do employees sign NDAs?

Nondisclosure agreements are to ensure that employees do not trade or give out company secrets that make them competitive.

Acceptable use agreements are used to guarantee the rights of employees and management so they are signed. Both documents are common documents that most employees have to sign.

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When you have a debt, which is the
percentage used to calculate the
extra money you need to pay?
A. Original amount borrowed
B. Interest
C. Interest rate

Answers

Answer:

C - Interest Rate.

This is because the "extra money" is the interest and the borrower will calculate with interest rate.

Hope this helps!

Suppose the equilibrium price for soft drinks is $1.50 but the current price in the soft drink market is $1.25 for each soft drink. This implies that

Answers

Suppose the equilibrium price for soft drinks is $1.50 but the current price in the soft drink market is $1.25 for each soft drink. This implies that there will be surplus of soft drink .

What is supposed through Market Equilibrium?

Equilibrium is the nation wherein marketplace deliver and call for stability every other, and as a end result costs turn out to be stable. Generally, an over-deliver of products or offerings reasons costs to head down, which leads to better call for—at the same time as an under-deliver or scarcity reasons costs to head up ensuing in much less call for.

A surplus exists whilst the charge is above equilibrium, which inspires dealers to decrease their costs to remove the surplus.

How do you calculate Market Surplus at Equilibrium?

Total marketplace surplus may be calculated as overall blessings – overall expenses. Alternatively, we are able to calculate the region among our marginal advantage and marginal cost, restricted through quantity. This is the equal of locating the distinction among the marginal blessings and the marginal expenses at every stage of production.

Your question is incomplete, but most probably your full question was:

Suppose the equilibrium price for soft drinks is $1.50 but the current price in the soft drink market is $1.25 for each soft drink. This implies that:

A. there will be a surplus of soft drinks.

B. there will be a shortage of soft drinks.

C. the demand curve for soft drinks will shift leftward.

D. the supply curve of soft drinks will shift leftward

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In the context of supply chain management (scm) technologies, _____ enables business partners to send and receive information on business transactions

Answers

The Electronic Data Interchange is the element of supply chain management that enables the business partners to send and receive information on business transactions.

What is an Electronic Data Interchange?

This refers to the electronic interchange of business information which a company sends to another company, individual, stakeholders etc.

Hence, this is element of supply chain management that enables the business partners to send and receive information on business transactions.

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What would bill fall under, he applied and acquired for a new credit card and uses it regularly?

Answers

If  he applied and acquired for a new credit card and uses it regularly he will fall under: Voluntary.

What is credit card?

Credit card can be defined as the card that enables the card holder to carryout transactions such as purchases online in which the holder is expected to payback the amount used for the purchases.

If a obtain a new credit card which he use often or frequently, bill will tend to fall under voluntary because he voluntary applied for the credit card without being comply to do so.

Therefore bill will fall under voluntary.

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Private property Multiple Choice discourages exchange since people must get government approval before buying property. are not legally enforceable in the U.S. are sustained by the right of individuals to designate who will receive their property when they die. does everything indicated in the other choices.

Answers

One thing about private property is that they are sustained by the right of individuals to designate who will receive their property when they die.

What makes private property so alluring?

Private property refers to the legal right of a person to own a property and decide what to do with it within the laws of the nation.

In the U.S., a private property owner is allowed to give their land to whomever they want. This is the chief factor that sustains private land because people acquire them knowing they can pass them on when they die.

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The most common pattern for marginal utility is:

Answers

The most common pattern for marginal utility is Diminishing marginal utility.

What is Diminishing marginal utility?

Diminishing marginal utility can be regarded as a phenomenon which is a pattern of marginal utility and explains that  each additional unit of gain brings about  subjective value been increased.

For instance, when you eat more three candy, is more better than two but having 30 doesn't bring more experience.

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Which group of people ultimately determines the products that a command economy produces?.

Answers

The authorities make a decision on what items and offerings could be produced and what costs could be charged for them.

Who controls the economic system in a command economic system?

Command financial system, a monetary machine wherein the approach of manufacturing is publicly owned and monetary interest is controlled through a central authority that assigns quantitative manufacturing dreams and allots raw materials to productive establishments.

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The Government ultimately determines the products that a command economy produces.

What is the command economy and examples?

Alternatively, the Command Economy owns most, if not all, businesses and is organized by the central government, where government officials control all factors of production. East Germany, North Korea and the former Soviet Union are examples of command economies.

What is the basic idea of ​​the command economy?

The main idea of ​​the command economy is that the economic base is controlled by the government and central authorities. They can make financial decisions. How many cars will be produced or how resources will be distributed in society.

Who controls the economy in a command economy?

central authority

A Command economy is a monetary system in which the manner of production is publicly owned and monetary hobby is controlled through a central authority that assigns quantitative production desires and allots raw materials to efficient organizations.

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Diamond Line is a distributor of everything a florist needs to create a beautiful arrangement except the flowers. It sells to 10,000 flower and gift shops and 3,000 supermarkets nationwide. Each florist is called on four times a month, and each supermarket is called on twice a month. A sales call to a florist takes one hour, and a sales call to a supermarket takes two hours of selling time. An average salesperson spends 1,000 hours per year making sales calls. Calculate the number of salespeople Diamond Line needs to cover its account base for a year.

Answers

184 salespeople are needed to cover its account base of a year.

What is a sales call?A sales call is, at its most basic, a discussion between a salesman and a potential customer regarding the acquisition of a good or service. These calls, which are typically performed in person or over the video, have a number of different components, including the rep's initial agenda-setting, the product pitch, a demo, prospect objections and the rep's responses, negotiation, and the outlining of the next steps. A sales representative should aim to end each sales contact with a verbal commitment to buy from the prospect.Solution -

Florist = 10,000. Each is called 4 times a month for 1 hour.

Supermarket = 3,000. Each is called 2 times a month for 2 hours.

The average salesperson spends 1,000 hours making sales per year.

The number of salespeople needed will be calculated as follows:

Florist = [tex]4 * 4 * 10,000 = 160,000[/tex]

Supermarket = [tex]2 * 4 * 3,000 = 24,000[/tex]

Florist + supermarket / average time of salesperson

[tex]\frac{160,000+24,000}{1,000} = 184[/tex]

Therefore, 184 salespeople are needed to cover its account base of a year.

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Kristen's shipping determined the pdor rate to apply overhead based on direct labor hours would be $8.40 of moh per direct labor hour.the pdor based on machine hours would be $5.20 moh per machine hour. job 43d used $12.40 of direct materials, 0.46 machine hours, and 18 minutes of direct labor at a cost of $13 per hour. how much is the total cost of job 43d if kristen's shipping applies overhead based on machine hours

Answers

Shipping applies, overhead based on labor hours is $18.82.

How is it calculated labor hours?

By dividing the total number of finished items by the total amount of direct labor hours required to make them, labor hours are calculated.

Direct materials, $12.40

Direct labor  ($13×18/60) $3.90

Direct labor hour ($8.40×18/60) $2.52

(direct materials+ direct labor + direct labor hour)

Total Cost $18.82

Hence, $18.82 is correct answer.

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People would come from all over the greater city lines for Sami's Sushi until the owner of Sami's decided to expand to some of the well-populated suburbs. This decision was a corporate-level strategy referred to as ______.

Answers

The strategy of concentration on a single industry was the decision made on the corporate-level.

What is a concentration on a single industry?

It is known as localization of industries that means the concentration of a certain industry in a particular region.

The strategy of localization of industries that ensures a competitiveness exist within a single industry.

Hence, the strategy of concentration on a single industry was the decision made on the corporate-level.

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When compliance, clarification, culture, and connection are all effectively addressed with a strategic system in place, the organization would be considered as:

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When all four elements of clarification, culture, compliance and connection are effectively addressed through a strategic onboarding system, the organization will be considered successful onboarding.

What is the successful onboarding?

A successful onboarding program is most expected to include clarification, compliance, culture, and connection and follow-ups, relying on the size and needs of any company. This is also called as the 4 C's of the onboarding.

Therefore, It all start out in the present moment, a new employee accepts the position.

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Bendernet Corporation budgeted production at 6,000 units and charged $42,000 to its factory overhead account. Bendernet applies variable overhead at $3.00 per direct labor hour and assumes that each unit takes one direct labor hour to produce. The company applied $40,000 of its overhead to work-in-process based on 5,000 hours. If the company actually required 5,500 hours to produce 5,000 units, what was the total overhead variance and to what extent did volume variances contribute to or offset that variance

Answers

The total overhead variance is an unfavorable $2,000 (the overhead account has a $2,000 debit balance). The volume variance contributed a $5,000 unfavorable.

What is total overhead variance?

The total overhead variance is the difference between the total overhead absorbed and the actual total overhead incurred.

Total overhead charged to the overhead account was $42,000, the amount applied was $40,000, the difference, $2,000, is the total unfavorable overhead variance.

Volume variance: the amount applied- the budgeted fixed overhead + standard hours allowed x variable at the budgeted rate.

Derive rates : The budgeted rates are derived from the $40,000 applied based on 5,000 hours. The total rate is $8.00 per hour ($40,000/5,000). The $3.00 variable rate is given, so the fixed rate must be $5.00.

Fixed costs: Budgeted fixed costs are the budgeted production of 6,000 units* 1 hour times the $5.00 rate or $30,000.

Variable costs: Variable overhead based on allowed hours is $3.00 times 5,000 or $15,000. The budget based on standard hours allowed is, therefore, $45,000 ($30,000 fixed + $15,000 variable).

Variance computation: The volume variance is the difference between the $45,000 allowed and the $40,000 actually applied, $5,000.

Budget standard hours allowed: Fixed - 5.00 *6,000 =  30,000

Variable-  3.00 * 5,000 = 15,000

Overhead applied = 45,000

Overhead applied: Fixed- 5.00 * 5,000 = 25,000

Variable- 3.00 * 5,000 = 15,000

Overhead applied = 40,000 and Net overapplied volume= 5,000

Net overapplied overhead = $2,000

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The elements in a defamation case are: a. defamatory statement; falsity; communication; and injury. b. a contract; knowledge of the contract; improper inducement; injury. c. false or misleading fact statements; statements in commercial advertising; likelihood of harm. d. duty; breach of duty; proximate causation; and damages.

Answers

The elements in a defamation case are defamatory statement; falsity; communication and injury. Thus the correct answer is A.

What is defamation?

The act of defamation is applied when the public appearance of an individual in terms of reputation, respect, and image got damaged by a third party person.

The element of a defamation case includes-

A statement that spoils the image of an individual.the passing of any false information about an individual to the public.This causes damage to individuals' social presence. When the case is presented in court it is noticed that injury has been made to individuals as they received mental stress and public hatred.

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Which player in the economy supplies labor in the factor market?

a. Government
b. Households
c. Business firms
d. Rest of the world

Answers

The player in the economy which supplies labor in the factor market is the households.

What is supply of labor?

This refers to the number of labor who are willing and able to find work in an economy. The supply for labor is also the hours worked by a workers within a time period.

Hence, the player in the economy supplies labor in the factor market is the households.

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Answer: Households

HouseHolds supply the factor market.

In the context of the elements of scientific management, time and motion studies focus on: group of answer choices designing different types of activities to overcome the boredom of overspecialized work. increasing the amount of job responsibility through vertical loading. the inclusion of motivation and hygiene factors that affect job satisfaction. the efficient use of labor to the economic benefit of a corporation.

Answers

The time and motion studies In the context of the elements of scientific management focus on the efficient use of labor to the economic benefit of a corporation.

What is the aim of time and motion studies?

This management studies helps to find a more effective and efficient ways for the workers to do their specific tasks.

Hence, the time and motion studies In the context of the elements of scientific management focus on the efficient use of labor to the economic benefit of a corporation.

Therefore, the Option D is correct.

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in a private equity structure, the party that raises the capital and makes decisions is:

Answers

It is to be noted that in a private equity structure, the party that raises the capital and makes decisions is the General Partner.

Who is the the General Partner?

In private equity settings, a General Partner is the entity who together with at least one other person (legal or individual) to form a business.

Hence, in a private equity structure, the entity that provides the capital and makes decisions is the General Partner.

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Which of the following items have elastic demand? (Remember: items that are “wants” and/or have many substitutes tend to be elastic. Items that are “needs” and/or have few substitutes tend to be inelastic.) Select all that apply.
Group of answer choices

Apple Juice

Jeans

Salt

Chicken

Gasoline

Insulin

Answers

The items that have elastic demand include A. Apple Juice, B. Jeans, and D. Chicken.

What is elastic demand?

Elastic demand means that the demand for goods changes based on economic factors like income or price.

Goods with elastic demand usually have substitutes because they are wants and not needs.

Thus the items that have elastic demand include A. Apple Juice, B. Jeans, and D. Chicken.

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what is the primary target market for a best cost-provider?

Answers

The primary target market for a best cost-provider is the value-conscious buyers.

What is this  value-conscious buyers about?

Value consciousness is a term that connote that consumers often pay more attention to deals and any kind of unique offers and are prepared to buy in bulk to be able to get discounts.

Therefore, The primary target market for a best cost-provider is the value-conscious buyers.

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When the Federal Reserve calls in a discount loan from a bank, the monetary base ________ and reserves ________.

Answers

When the Federal Reserve calls in a discount loan from a bank, the monetary base increases, and reserves increase.

What is the monetary base?

The total quantity of cash in the hands of the general people or in the form of commercial bank deposits kept in the reserves of the central bank constitutes the monetary base. Since it does not include various types of non-currency money that are common in a modern economy, this measure of the money supply is not frequently used.

The monetary base increases as the Federal Reserve generates additional funds to buy bonds from commercial banks, increasing the banks' reserve holdings in the process.

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what are the two main influences that the situation has on individual performance and behavior?

Answers

The two main influences that the situation has on individual performance and behavior are

The work context constrains or facilitates performance and behavior.- The job environment provides cues to motivate and guide employees.

What is Behavior?

This refers to the way a person acts around people and how he relates to them that is impacted by certain factors.

Hence, we can see that there are certain factors that have an impact on the performance and behavior of a person and we can see that the work constraint and the job environment are two main factors.


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Which of these is a major advantage of a market economy?
Select one:
1.There is efficient government control of production and
distribution.
2.It can change direction rapidly when needed as markets change.
3.People are likely to be offered goods and services they can't
afford.
4.There is a high degree of individual freedom.

Answers

These is a major advantage of a market economy is it can change direction rapidly when needed as markets change. Thus second option is correct.

What is Market Economy?

Market Economy refers to the economy in which the prices of the goods and services are determined by the two market forces that are supply and demand.

There is a less control of the government in the market economy and therefore all the decisions are taken by the private individuals. Thus option 1st is incorrect.

The Prices of the goods and services are determined by the supply and demand forces and the prices are kept as per the affordability of the customers. Thus option 3rd is also incorrect.

Therefore the correct option is 2nd one as the market changes the price of the good and services are also effected and get changed.

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In any collaboration, data ownership is typically determined by:

Answers

In any collaboration, data ownership is typically determined by the source of fundings that is used in the collaboration.

What is funding?

Fund includes money given for a particular project. It can be donation from organizations or individual support towards a project.

Access to data can be determined by funding as some affiliations give access to researchers.

Therefore, In any collaboration, data ownership is typically determined by the source of fundings that is used in the collaboration.

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The population of discouraged workers causes the: Group of answer choices actual unemployment rate to overstate the true level of unemployment. actual unemployment rate to increase when the workers are not included in the unemployment calculation. actual unemployment rate to understate the true level of unemployment. natural rate of unemployment to increase.

Answers

The population of discouraged workers causes the actual unemployment rate to increase when the workers are not included in the unemployment calculation.

How does the unemployment rate change as a result of discouraged workers?

The discouraged worker impact, put simply, refers to someone who has given up looking for work because they think there are no openings. The Bureau of Labor Statistics (BLS) defines a discouraged worker as someone who wants to work and is able to do so but hasn't looked for employment in the previous four weeks because they think they won't be able to find employment for a variety of reasons, such as perceived discrimination or a lack of demand for workers in their field.

According to BLS statistics, minorities, older workers, and recent graduates have the highest rates of disenchanted workers. According to some economists, the fraction of discouraged workers keeps the total unemployment rate high.

Disappointed people frequently attempt to reenter the workforce as the economy grows and new jobs become available. They are regarded as unemployed after they start seeking work once more until they find a job. The flood of previously discouraged job seekers may therefore keep the unemployment rate high even while the general number of jobs rises and people return to the workforce.

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When would a pie chart be an effective visualization?

Answers

The time when a pie chart would be an effective visualization is when trying to work out the composition of something.

What is a Pie Chart?

This refers to the visual representation that is used to show and interpret data for a group of people to show their preferences in a circular, pie form.

Hence, we can see that using a pie chart to make an effective visualization is good and it is appropriate to use when a person is trying to work out the composition of something.

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Manufacturers will work with specific retailers depending on where their target consumers expect to find their products. what does this process refer to?

Answers

Manufacturers will work with specific retailers depending on where their target consumers expect to find their products in the process known as Consumer expectation.

What is Consumer expectation?

Consumer expectations can be regarded as the economic outlook of households.

Expectations in the path of consumers help them in the bearing on current economic activity and help Manufacturers to work with specific retailers depending on where their target consumers.

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A cooperative agreement among oligopolists is more likely to be maintained, a. the greater the number of oligopolists. b. the larger the number of buyers of the oligopolists' product. c. the smaller the number of buyers of the oligopolists' product.

Answers

A cooperative agreement among oligopolists is likely to be the more likely it is that the game among the oligopolists will be played over and over again.

Why do oligopolists frequently appear to act together?

While oligopoly companies in a sure market decide what quantity to offer and what fee to fee, they face a temptation to act as though they were a monopoly. With the resource of appearing collectively, oligopolistic companies can preserve enterprise output, charge a better charge, and divide up the income amongst themselves.

While corporations within the identical corporation work together to increase their mutual profits rather than competing doggedly with each distinctive, it's miles known as an oligopoly scenario. Oligopolies are placed in the course of the arena or even appear like growing into advantageous industries.

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X Corp. and Y Corp. are separate entities. In Year 4, X Corp. extended a hostile tender offer directly to the shareholders of Y Corp. Y Corp. immediately issued bonds and offered to repurchase its own stock from its current shareholders at an amount higher than the current market price. The action by Y Corp. is best described as a(n) Issuance of stock strategy. Legal action strategy. Self-tender strategy. Compulsory share exchange strategy.

Answers

The action by Y Corp. is best described as a C. Self-tender strategy.

What is a self-tender strategy?

A self-tender is a defense strategy that thwarts a hostile corporate takeover.

Using a self-tender strategy as described in this scenario involves Y Corp. making a tender offer for its shares, inviting its shareholders to sell their shares so that the company can repurchase them at a specified favorable price.

This self-tender strategy closes off X Corp's efforts to succeed with the hostile tender offer.

Thus, the action by Y Corp. is best described as a C. Self-tender strategy.

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In the last few decades the car manufacturing sector has found it difficult to compete with foreign car imports. High labor costs is one of the main reasons economist site as the lack of competitiveness for the car manufacturing industry. If there was modest inflation, how could it possibly help the car manufacturing industry in the United States compete with foreign car manufacturers

Answers

A modest inflation would help the car manufacturing industry compete with foreign car manufacturers because c. It could allow real wages to downwardly adjust more easily.

How would a modest inflation help with foreign competition?

When there is modest inflation, it means that the real wages paid to the employees in the car companies would fall.

This would reduce the real costs to the card companies in terms of producing cars. They will then be able to charge lower selling prices which would allow them to compete with cheaper imports.

Options for this question include:

a. The consumers of the cars have increased purchasing power.

b. Business loans would cost less for the U.S. car manufacturers.

c. It could allow real wages to downwardly adjust more easily.

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