A company has $72,500 of inventory at the beginning of the year and $65,500 at the end of the year. sales revenue is $986,400, cost of goods sold is $572,700, and net income is $124,200 for the year. the inventory turnover ratio is closest to:

Garden Variety Flower Shop uses 670 clay pots a month. The pots are purchased at $2.40 each. Annual carrying costs per pot are estimated to be 10 percent of cost, and ordering costs are $10 per order.

Your coin collection contains 59 1952 silver dollars. required: if your grandparents purchased them for their face value when they were new, how much will your collection be worth when you retire in 2053, assuming they appreciate at an annual rate

7 During which step of a sale does a company present a proposal to potential customers to try to convince them to buy a product? A. Identify sales leads B. Pitch a product C. Handle negotiations D. Close the sale

What is the minimum percentage of signed authorization cards needed by louis, a union organizer, before the national labor relations board holds a representation election? select one: a. 75 percent of all eligible employees b.

The Sales Returns and Allowances account is on the income statement as an addition to Sales. presented on the balance sheet as a deduction from Accounts Receivable. on the income statement as a deduction from Sales.

A retail space was leased for $1,200 per month; the owner also pays the shopping center 8% of gross income which is $50,000 monthly. how much does the owner pay annually?

Robinson Company had a net deferred tax liability of $34,000 at the beginning of the year, representing a net taxable temporary difference of $100,000 (taxed at 34 percent). During the year, Robinson reported pretax book income of $400,000.

Your client wants to transfer $500 from their checking account into a savings account to cover tax liabilities for sales made last month. Where should they start the process?

While working out at the gym you hear a group of individuals making obscene remarks about your body. You feel like you are being sexually harassed. Which of the following is a technique to deal with sexual harassment?

Suppose that, in an attempt to combat severe unemployment, the government decides to increase the amount of money in circulation in the economy.