Answer:
Explanation:
Compute its current ratio, inventory turnover, and day's sales in inventory for 2015 using:
A. LIFO Numbers 2015
Current Ratio: current asset/current liability = 390/175 = 2.23
Inventory turnover = Cost of goods sold/ average inventory= 965/(400/12) = 965/33.33 = 29.0
Day's sales in inventory = Ending Inventory/Cost of goods sold* 365 = 330/910*365 = 132.36
B. FIFO numbers in 2015
Current Ratio: current asset/current liability = 390/175 = 2.23
Inventory turnover = Cost of goods sold/ average inventory= 965/(400/12) = 965/33.33= 29.0
Day's sales in inventory = Ending Inventory/Cost of goods sold* 365 = 400/965*365 = 151.3
The market for a certain item can go down. It can simply be caused by too much of a supply and not enough demand which can usually cause a company to go into debt if they specialize in one product only (e.g. fuels)
Secure credit is credit that is given with a connection to a piece of collateral, such as a car or a home. This means that, if you were to default on your payments, the lender would be legally entitled to taking possession of the collateral. An example of this is a car loan, which is a loan that is used to purchase a car. On the other hand, an unsecured loan is one that is not protected by any collateral. This means that the lender cannot immediately take your property of you default on the loan. An example of this is a credit card.
In the case of a secured car loan, interests tend to be lower because of the security that the collateral (the car) provides. Moreover, these loans tend to provide interest rates that are fixed, which means that it is easier to plan for this expense and avoid falling behind on payments. The risk for the lender is less with a secured loan, as he is able to take the property and resell it if the borrower is unable to repay the loan. On the other hand, credit card are riskier for the lender (the bank) as they are unsecured, and this means that they are unable to immediately take any property from the borrower who did not repay. Because of this high risk, interest rates also tend to be high.
Answer:<em> Option (b) is correct.</em>
From the given options , the following is an example of shadowing:<em> Three young interns practicing under the guidance of an experienced surgeon. </em>
<em>Shadowing here refers to on-the-job learning program. It also includes development program related to career and leadership. This also involves working with individuals who might have different work, or might have to teach the individual about aspects related to the work, business or competencies. </em>
Answer:
The correct answer is: The second worker.
Explanation:
Productivity is an economic term describing the relationship between outputs as compared to inputs needed to produce those outputs. It is a measure of efficiency. Typically inputs are raw materials, labor, and capital assets. Outputs are generally expressed as either revenue or total units of finished goods.
In the example, a form to measure each worker's productivity is comparing how many plastic labels they can place per hour. Thus:
- Worker 1: <em>1000 per 1/2 hour (30 minutes)
</em>
- Worker 1: <em>2000 per 1 hour </em>
- Worker 2: <em>850 per 1/3 hour (20 minutes)</em>
- Worker 2: <em>2550 per 1 hour
</em>
Then, the second worker is more productive.
