Compute the stock turnover for a product that has sales of 900 units and an average of 60 units in inventory.

Answers

Answer 1

Answer:

15

Explanation:

900/60=15

Answer 2

15 times is the stock turnover. The stock turnover rate is a common measure of stock performance. This rate represents the number of times a company's stock is 'turned over,' or replaced, in a given year.

Why is stock turnover important to a business?

In essence, inventory turnover is your annual inventory average. It shows how many times your company sold and replaced inventory over a given time period. This figure is significant because it allows companies to plan their financial future.

Given

Sales = 900 units

Average Inventory = 60 units

Required to calculate Stock turnover =?

Stock Turnover = Sales / Average Inventory

                          = 900 / 60 = 15 times

Thus, the stock turnover is 15 times for a stock that has sales of 900 units and an average of 60 units in inventory.

Learn more about the stock turnover here:

https://brainly.com/question/14884882

#SPJ2


Related Questions

Can a company be good at corporate social responsibility but not be sustainability-oriented? Is it possible to focus on sustainability but not corporate social responsibility? Based on reading the Focus on Managerial Implications section, discuss how much CSR and sustainability are related and how much the concepts differ from each other.

Answers

Answer:

Sustainability is how long a business can last or strive in the market while going about their responsibilities. Corporate social responsibility is doing business in ways that are beneficial and not harmful to the society or environment.

An organization cannot be good at both if they cannot balance their responsibilities toward their workers, society or government.

A company can be involved in the production of good products at low cost and yet they are involved in wasting natural resources and emission of carbon. Such a company is not environmental friendly and is not socially responsible.

CSR and sustainability go together these days. The relationship here is that if a company is able to benefit the society and environment, then it would be able to get increased output, a positive image and quite a good number of customer base would want to patronize them for being socially responsible.

The difference between them is that CSR takes the welfare of all parties into consideration, the society and environment inclusive. While sustainability does not consider all factors.

Sustainability is how extended a business can survive or strive in the market while going about its responsibilities.

What is Corporate social responsibility?

Corporate social responsibility is doing business in ways that are restorative and not detrimental to the society or environment.

An organization cannot be exemplary at both if they cannot balance their obligations toward their workers, society, or government.

A company can be involved in the production of good products at a low cost and yet. When they are involved in wasting natural resources and also emission of carbon. Such a company is not environmentally friendly and also it is not socially responsible.      

CSR and sustainability go together these days.

The association here is that if a company can benefit the society and environment, then it would be able to get increased output, a positive picture and quite a good number of consumer base would want to patronize them for being socially responsible.

The distinction between them is that CSR considers the welfare of all parties, the society, and the atmosphere inclusive. While sustainability does not evaluate all factors.

Find more information about Corporate social responsibility here:

https://brainly.com/question/1373962

This activity is important because it covers important terms for effective money management. The goal of this exercise is to identify the best ways to manage your personal finances. Complete each statement with the correct term. Note not all terms will be used.

Answers

Remainder Part of the Question:

Build Your Financial Base Terms:

The ______ is one of the best places to put your money.

A _______ is one of the worst places to keep long-term investments.

You can use a _______ to keep track of purchases.

Your _______ is likely to be the largest of the most important investments you make.

It is wise to plan your financial future with _______.

Available Options are:

Credit Card, Bank Account, Home, Uncertainity, Excitement, car, insurance, stock market, payday loan.

Answers:

A. Stock market

B. Bank Account

C. Credit Card

D. Home

E. Insurance

Explanation:

A. The Stock Market is one of the best places to put your money.

Stock markets are the source of raising funds for investments by the companies. The stock market helps the investor to choose the investment with appropriate returns and risks. Furthermore the investor can also diversify its return by managing the portfolio of investments.

B. A Bank Account is one of the worst places to keep long term investment

The lowest returns are on saving accounts hence it is the worst place for long term investments.

C. You can use Credit Card to keep a track of your purchases.

Credit cards can be used for tracking all of purchases because monthly statement mailed to you includes all the spendings during the year.

D. Your Home is likely to be the largest of the most important investments you make

Buying home is considered as one of the largest investments as it takes substantial savings of the person to buy an house. A roughly estimate would be the savings of 3-4 years for a small house for a couple.

E. It is wise to plan your financial future with Insurance.

Because Insurance helps you to lower your financial risks. The risk is associated with life, home, car, and physical assets and thus the investor must use insurance facility.

True or False: The key to smart investing is investing all your assets into a single stock with a strong earning history.

Answers

Answer:

False

Explanation:

Answer:

False

Explanation

Investing your assets in the single stock is not going to help with strong earnings.

Also I got this answer and False was correct.

Hope this helps!!

What is an example of a flame?

Answers

The definition of a flame is burning gas, fire or blaze, or a strong passion. An example of a flame is a fire from a lighter. An example of a flame is an intense desire for a particular person. Flame is defined as to burn or light up, or to criticize harshly.

Answer: A flame is a very negative review that can seriously damage sales.

So if one of the choices has a bad review of an issue, like apartment maintenance getting a bad review, it is that answer.

Explanation: A pex


What is an example of a flame

Answers

If you mean like anY kind of example of flame, a lighter flame is a good example.
Anything that uses gas to emit a flame

lol can someone check how many followers i have on insta its alexamaldonadoo i will give brainliest

Answers

Answer:maybe more than 100

Explanation:

Answer:

1,225

Explanation:

Hoi Chong Transport, Ltd. Operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is driven 125,000 kilometres during a year, the average operating cost is 12.520 cents per kilometre. If a truck is driven only 90,000 kilometres during a year, the average operating cost increases to 16.5 cents per kilometre. (The Singapore dollar is the currency used in Singapore.)

Answers

Answer:

The total cost will be "$1,279,286.25".

Explanation:

The total cost at 125000 Km will be:

[tex]=125000\times 12.520[/tex]

[tex]=1,565,000[/tex] ($)

The total cost at 90000 Km will be:

[tex]=90000\times 16.5[/tex]

[tex]=1,485,000[/tex] ($)

The variable cost will be:

[tex]=\frac{(1,565,000 - 1,485,000)}{(125000 -90000) }[/tex]

[tex]=2.28571[/tex] ($)

Now,

Fixed cost = [tex]Total \ cost -variable \ c ost[/tex]

                  = [tex]1,565,000 - 125000\times 2.28571[/tex]

                  = [tex]1,279,286.25[/tex] ($)

Why are files naming conversation essential

Answers

Without everyone using the same system, it would be impossible to know locate folders or files. Where would you go to set up margins on a letter? Which actions should be done throughout the mail merge process?

I Hope I Helped

is the economic term for the total money circulating at any one time in a country.
O Fiscal Fund
O Money Supply
O Money Inventory
O Fiscal Inventory
PLZ HELP

Answers

I think the correct answer is “Money supply”

Which of the following is an example of a society valuing equity?

1. Only allowing landowners to vote in elections
2. Government programs that financially assist impoverished families
3. Private property rights

Answers

Answer:t

Explanation:

Society valuing equity means giving equal rights and opportunities to all the individuals and group of people. Thus, the correct example of society valuing equity is 2). Government programs that financially assist impoverished families.

What does social equity mean?

Social equity refers to the concept of impartiality, fairness, justice, equality and opportunities for all people in social policy. It states that all the individuals and the group of people should be given with the same rights, resources and opportunities.

Social equity brings the equality among the people. It provides the different opportunities for the impoverished people to grow and developed.

Basically, social equity ensures that everyone in a community has equal access to the same opportunities and outcomes.

Learn more about social equity here:-

https://brainly.com/question/11098001

#SPJ2

________ is the amount an employee earns before payroll withholding is performed.
A. Net pay
B. Gross pay
C. Taxable interest
D. An estate
Please select the best answer from the choices provided

Answers

Answer:

I think the answer is net pay

I think the answer is B) Gross pay

Economic importance
of
rivers

Answers

Answer:

Traditionally, rivers have been valued primarily as water sources to drive the economic engines of irrigation and hydropower. However, rivers provide a broader set of services that deliver immense benefits to people, economies and nature, which include, but exceed, the value of the water they carry.

Explanation:

If running a cable tv ad seven times daily for a week generated 1,800 ticket sales, how long should the stadium run the cable ad in order to reach a target of 27,000 tickets?

Answers

Answer:

15 weeks

Explanation:

They run the add 7 times per 1 day for a week (7 days) which makes $1,800

1800/7=257.14 /7 again for 7 times that day =$36.73

They make $36.73 per one ad.

1800*15=27,00 so it would take 15 weeks to sell the 27,000 tickets

what is the different between demand and want​

Answers

Answer:

Wants are requests directed to specific types of items. Demands are requests for specific products that the buyer is willing to and able to pay for. In a consumer market examples are usually very clear to identify.

Which of the following best describes a situation where software should be upgraded instead of replaced?

Answers

Not sure what you’re asking because there’s no answers or picture to choose from, but

Example: If storage is full on a computer, you could upgrade your storage instead of getting a new computer

Which of the following is the most profitable investment for a game shop earning 2 profit from every game sold

Answers

Answer:  3 profit

Explanation:

Your salmon dish has a food cost of $4.76, and your price includes a markup of 300%. You decide to decrease your percentage markup to 250%. How much less will the new selling price be?

Answers

Answer:

D .. 2.38

Explanation:

The new selling price of the Salmon fish with the decreased markup value of 250% is $2.38 less than the last selling price.

What is percentage?

The percentage can be defined as the expression of part of anything as a "part of 100". The percentage can be calculated as:

Percentage = Observed/ Total * 100

The cost of the salmon dish is = $4.76

The markup to the price is = 300%

The cost after 300% markup is = x

x = 4.76 + 4.76 * 300/100

x = $19.04

After reducing the markup value to 250% the cost (y) will be:

y = 4.76 + 4.76 * 250\100

y = $16.66

The cost of Salmon fish with 250% markup is $16.66. The difference in the new selling price (y) from the old selling price of $19.04 is:

The difference in price = $19.04 - $16.66

The difference in price = $2.38

The new selling price of Salmon fish will be $2.38 less than the old selling price.

Learn more about percentage, here:

https://brainly.com/question/20885539

#SPJ6

In a planned economy which of the following does the job of market forces in order to determine the outcome

Answers

the answer is the government

The first step in conducting a background investigation is to_________

A) Provide certification to the reporting agency

B) Obtain permission from the employee

C) Provide copies of the background reports to the employee

D) Give notice to the employee if a problem is found during the investigation

Answers

Answer:

B) Obtain permission from the employee.

Explanation:

When business organizations or companies require the employment of new employees (staffs or workers), they usually use series of recruitment procedures and processes. This is to ensure that, the employee to be employed by the company is fit, eligible and qualified for the position.

In conducting a recruitment, employers seek to acquire sets of information about the employee based on factors such as mental health, criminal history, financial debt, education, medical health, employment history, temperament, references, emotional psych, license etc

However, the first step in conducting a background investigation is to obtain permission from the employee by ensuring or requesting that he or she fill out an employment application form for the job position (vacancy) advertised. Also, when conducting a background investigation on an applicant or employee, it is important that the informations gathered are kept confidential and in accordance with state laws.

Answer:

You must obtain permission of the employee first

Explanation:

Tom was recently turned down for a loan. He would like to re-apply next year for the same loan. Which of the following is not a change he could make to increase his chances of being approved for the loan?

a.

Pay off some of his credit cards to decrease his debt-to-income ratio.
b.

Take out some more credit cards to increase his monthly debt.
c.

Find another job that pays more, increasing his gross monthly income.
d.

Improve his credit score by making all credit card and loan payments on time

Answers

Look at all the options and see which one would NOT be a positive change. In order to get a loan, you want as little debt as possible, which rules out option A because getting rid of debt is good. You also want a high paying job, which rules out option C. Finally, your credit score is very important in getting a loan. You want the best credit score possible, which rules out option D. This leaves option B. This would be the answer because, as I said before, you want as little debt as possible, so increasing your monthly debt would not be helpful at all in getting a loan.

Answer:

B

Explanation:

Take out some more credit cards to increase his monthly debt.

Which is the best example of someone growing their network while in high
-school?

Answers

Joining clubs and activities, taking part in team sports, participating in school events, general socialization

Answer:

b.planning times and meeting

Explanation:

If 28 percent of agricultural production was under contract in 1970, 30.5 percent under contract in 1990, 34 percent in 1997, and 41 percent in 2005, what would be the most logical amount to be under contract in 2014?


70 percent

10 percent

25 percent

46 percent

Answers

Answer:

Explanation:

i think 25 %

Answer:

46 percent

Explanation:

Forty-six percent would be the most logical amount. For the past fifteen years, agricultural production under contract has increased from 30.5 percent in 1990 to  41 percent in 2005. The increase of about 10.5 percent in 15 years.  On average, its a 0.7 percentage increase per year.

Between 2014 and 2005, there are nine years. Going by the previous rate, there will be an increase of about nine times 0.7 percentage, which is 6.3. the closest from the list provided is 46 percent.

Your revenue is $353,522. Your Cost of Goods Sold are $124,555 and your Operating expenses are $170,124. What is your gross margin?

Answers

Answer:

$228,967

Explanation:

Gross margin or gross profit is the amount of money remaining after subtracting the cost of goods sold from net sales. The net sale is the actual Revenue after adjusting for discounts, returns, and damaged inventory.

Gross margin is calculated using the formula,

Gross margin = Revenue - costs of goods sold

In this case

Gross margin = $353,522- $124,555

Gross margin =$228,967

Which employer benefit option requires the employee to choose to participate in the plan?

Answers

Answer:

Opt-out program

Explanation:

They're automatically put into the program and they have to "opt-out" to not be apart of it.

A health insurance opt-out arrangement requires the employee to choose to participate in the plan. An employee is  automatically put into the program and they have to "opt-out" to not be a part of it.

What is health insurance opt-out arrangement?

A health insurance optout program is an arrangement for financial incentive for some employees who offer employment to the declined group health covers. Such are done to reduce the benefits of cost by paying less for the incentive they would for their share of the benefits.

While opt-out arrangements are legal, there are a few things to keep in mind. To avoid unfavorable employee taxation, opt-out arrangements should be made available through a Section 125 cafeteria plan.

Therefore, health insurance opt-out arrangement is the correct answer.

To learn more about  opt-out program, click here:

https://brainly.com/question/24237117

#SPJ2

Why don't more people save for the future?
Which reasons can be fixed by having a money plan?

Answers

Answer:

Explanation:

Lots of people like to focus in today, which is fun but can mean bad things in the future. If you save for the future you can be prepared or not overwelled if a surprise bill or extra money is needed.

What is it called when a business contributes money, goods or services to an organization or event to gain the publicity related
A news release
B customer loyalty program
C sponsorship
D promotional tie-in

Answers

Answer is (C sponsorship )

Which of the following statements about the impact of scarcity in every economic system is correct?

A )It imposes limitations not only on households, businesses, and governments, but on whole nations

B)It imposes limitations primarily on local and state governments as opposed to the national government, which is typically unaffected



C)Households rarely experience the effects of scarcity, which primarily affects business and government affairs


D)Businesses benefit from scarcity, which allows them to expand the reach of their operations, while scarcity causes households to suffer

Answers

Answer:

A

Explanation:

please help me ASAP
i will give brainliest

Answers

Answer:

d

Explanation:

The equation of any straight line, called a linear equation, can be written as: y = mx + b, where m is the slope of the line and b is the y-intercept. The y-intercept of this line is the value of y at the point where the line crosses the y axis.

What is the difference between international and domestic travel?

Answers

Answer:

domestic is within the same country

international is between countries

Supply and Demand: Tutorial
17 of
Part B
What is the relationship
between the price and the number of necklaces Rachael supplies?

Answers

Answer:

see below

Explanation:

There exists a direct relationship between the price of a commodity and the quantity supplied. Producers find it more profitable to increase supplier when the prices are high. As businesses are motivated by profits, high prices are likely to generate more profits. High prices are a motivation to supply large quantities.

If the price of necklaces goes up, Rachel will supply more to the markets. She will take advantage of the high prices to sell more and make bigger profits. Low prices lead to reduced profits or even losses. At low prices, Rachael will supply a few necklaces in the market.

Answer: As the price goes up, the number of necklaces she supplies goes up.

Explanation: edmentum / plato

Other Questions
You are meeting with your companys raw materials purchasing agents. As a group, you are discussing when raw materials orders should be placed based on production needs and supplier lead times. You have compiled the following production needs and lead time information: After you place an order for raw materials, the shipment usually arrives at your warehouse five days later. You determined that your production processes use about 300 units of raw materials per day. You want to keep your inventory carrying costs down and your supplier has a 100% on time-delivery rate. As a result, you decide to carry no inventory buffer. Based on the information presented and given your daily raw materials usage and the lead time for raw materials orders, what minimum units of raw materials inventory should your company maintain at all times? When a trumpet was played, a nearby sheet of paper began to move.What caused the paper to move? * What is a fraction just to know What is the purpose of the Twenty-fifth Amendment to the United States Constitution? What are ice cores and how are they useful in giving us info about the past? Will give brainliest will give brainliest will give brainliest will give brainliest will give brainliest.plz dont get this weong every time I ask a question on here the people get it wrong Elephants were being hunted in large numbers for theirivory tusks. Realizing that the species was becomingendangered, most countries outlawed the sale and trade ofivory and ivory products. This had the unintended outcomeof making ivory much more expensive. People wanted thisincreasingly rare and valuable trophy. Poachers, temptedby huge payouts, became more aggressive, and theelephant slaughter actually increased.What is one way the author uses a cause-and-effect structure to support hispurpose?O A. By following the rise and fall of the elephant population over timeO B. By comparing the illegal ivory trade to elephant poachingC. By examining the source of the poaching problem andoutcomeD. By explaining why countries made the sale and trade of ivoryillegal This is khan and I have 10 more problem academy. Some help please? ill mark brainlest to anyone who answers first... :/ i need help what's the answer? please help How many land lotteries did Georgia hold? If you were invited to visit relatives living on Hudson bay what would you expect to do for entertainment HELPWhat is the unit rate?y=5x -11 2/3 ( -4 1/5 )= HELP ME PLZZ I NEED HELP WITH THIS!!IT is not the last one!!! Which of the following contributed most to the expansion of the transatlantic slave trade during the 1700s? A) Demand for slaves in the American colonies that produced cash crops B) A lack of skilled labor in the American colonies C) Demand for slaves in the industrialized American colonies D) A lack of protective tariffs in the American colonies Is human survival independent of other species? Giving crown to correct answer, reporting spam. setting of hunger games book 1 chapter 7 Use the number line to find the measure of AC. A) 2 B)4 C)6 D)8