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:Implementing administrative controls Implementing engineering controls
Explanation:
Answer:
The gain is subtracted from net income in the operating activities section
Explanation:
Given that
Sale value of an equipment = $230,000
And, the gain on the sale = $45,000
So by considering the above information
We can say that the Sale value of an equipment is shown in the investing activities as a cash inflow while the gain on the sale is to be subtracted from the net income in the operating activities and if there is a loss than it would be added to the net income
Answer:
22.20%
Explanation:
Energy Productivity Ratio 2019 = 300,000 / 10,000 = 30
Energy Productivity Ratio 2020 = 330,000 / 9,000 = 36.66
The percentage change = (36.66-30)/30 * 100
The percentage change = 0.222 * 100
The percentage change = 22.20%
So, the percentage change in the energy partial productivity measure for SunPath between 2019 and 2020 is 22.20%
Answer:
Please see attached detailed explanation.
Explanation:
Please find attached detailed preparation of income statement, balance sheet and cash flow statement for the above.
