Answer:
13.3 times per week
Explanation:
Inventory turnover helps to show how efficiently a company manages its inventory by comparing the cost of goods sold and the average inventory for a particular period. In other words, it measures how many times a company sold its total average inventory amount during a particular period. In this case, one week. This is an important assessment to ensure two things:
1. Inventory meets sales adequately and sales will not be affected by not having enough inventory.
2. Too much inventory is not held at one point, which would incur high storage and holding costs, and also wastage in terms of perishable inventory such as hamburger patties.
It is calculated as cost of goods sold / average inventory.
In this case, 6000 third - pound hamburgers are sold each week, with it costing $1.5 per pound.
6000 x 1/3 = 2000 pounds
2000 pounds x $1.5 = $3000 COGS per week.
Since average inventory is 450 pounds for two weeks, it would be 225 per week.
Hence, inventory turnover =
$3000 / 225 = 13.3 times per week
Answer:
$129.35
Explanation:
Here is the full question :
What is the present value of an annuity of $27 received at the beginning of each year for the next six years? The first payment will be received today, and the discount rate is 10%
Present value is the sum of discounted cash flows
Present value can be calculated using a financial calculator
Cash flow each year from year 0 to 5 = $27
I = 10%
PV = $129.35
To find the PV using a financial calculator:
1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.
2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.
3. Press compute
Answer:
Total variable cost if 4 units were produced
= $33.75 x 4 units = $135
Total fixed cost = Total cost - Total variable cost
Total fixed cost = $175 -$135
Total fixed cost = $40
Average fixed cost = Total fixed cost/No of units
Average fixed cost = $40/10 units
Average fixed cost = $4
The correct answer is B
Explanation:
In this case, we need to calculate the total variable cost on the ground that 4 units were produced. Then, we will determine the total fixed cost by deducting the total variable cost from total cost. Finally, we will divide the total fixed cost by 10 units in order to obtain the average fixed cost.
The correct answer is; Call the police for assistance.
Further Explanation:
If there is a guest at a bar or other establishment that serves alcohol and there is an intoxicated person who is attempting to leave by driving; the police should be called immediately.
If the person is allowed to leave while intoxicated they could cause an accident and be killed or kill someone else. If there is any way to get the keys from the driver, then that should be done quickly and safely. If the intoxicated person has a friend with them and they are sober, ask if they can drive the person home. The manager can also offer to call a taxi for the intoxicated driver.
Learn more about drunk driving at brainly.com/question/11442690
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Answer:
A. National income must equal domestic product.
True.
Explanation:
National Income is the total value of goods and services produced in a country during a financial period. It is total income from a country's economic activities.
Domestic product is monetary value of all economic activities of a country during a period.
National Income is sum of Investments, Savings, Government expenditures and net exports. National Income equals the domestic products of a country. The equation is as follows:
C + I + G + (X - IM) = DI + NT.
The statement given is true. Disposable income equals the saving plus consumption. The excess of disposable income which is not consumed is saved. Sum of saving and consumption must equal Disposable income in an economy.
