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Firms that successfully increase their rates of inventory turnover will?
Wiki User
∙ 12y ago
get sales up
Wiki User
∙ 12y ago
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Is quick ratio a better measure of the firms liquidity than current ratio?
Yes because a quick ratio doesn't include inventory which must be sold before it can be used to pay for the companies current obligations. Of course you have to collect the cash in A/R before it can be used to pay for current obligations too but AR should be able to be converted to Cash much quicker than Inventory. A Cash Ratios, which doesn't include AR or Inventory is an even better measure of a firms liquidity than both the quick and current ratio.
A perfectly competative firms marginal cost exceeds its marginal revenue at its current output To increase its profit the firm will?
To increase profit the firm will decrease output to a point where MC=MR. This is the Profit Maximisation point
Acca Past Sample Questions and Answers of Financial Management?
true or false, managers should under no conditions take actions that their firms risk relative to the market, regqardless of how much those actions would increase the firms expected rate return.
A firms long term assets equals 75000 total assets equals 200000 inventory equals 25000 and current liabilities equals 50000?
Assets: Inventory 25000 Other current assets 100000 Long term assets 75000 Total assets 200000 Liabilities: Current liabilities 50000 Long term liabilities 150000
What is the difference between cost accounting and cost management?
For retail companies, computing cost of goods sold is a fairly straight forward process. Beginning inventory + purchases - ending inventory = COGS. For manufacturing firms, however, that simple formula won't work. They have to compute how much something cost to build, which can be extremely complicated. Hence, cost accounting evolved for manufacturing companies.
Firms that successfully increase their rates of inventory turnover will among other things?
all of the above
Which firms offer warehouse inventory control software?
Some warehouse inventory control software firms include Fishbowl Inventory, Net Suite, SphereWMS, Giga Trak, Barcoding, Tracker Systems, and Warehousing Activate.
What is reasonable accounts receivable turnover ratio?
Answer:It depends on the industry. For grocery stores, it can be as high as 80. For firms in the manufacturing a number around 5-7 is more common. Accounts receivable turnover for firms in the service industry would be somewhat higher, 7-10.
Advantages of labor turnover?
the firms can dismiss the unwanted employees that are not performing well or fit for their job so as to reduce inefficiency. after this labour turnover the company will be able to start again with new enthusiastic workers who will work hard and willing to increase production. also the managenmt will be able to learn from past experiences and can take necessary actions to improve the firm's standards
Is accumulation of inventories by firms is included in measuring GDP?
no....i think the change in inventory is included but not accumulation..
According to aggregate supply curve what happens as the price level increases?
firms have more of an incentive to increase output
What would happen if there was an increase in the number of firms?
Pushes it out
Why and How Firms Internationalize?
expand sales and increase profit
Which features is significant for market structure?
Significant features for a market structure include the number of firms and their scale, market share of the bigger firms, the nature of costs, extent of product differentiation, turnover of customers, and vertical integration.
What has the author William Korbel written?
William Korbel has written: 'Turnover of retail firms in Kansas' -- subject(s): Business failures, Retail trade
How does an increase in wages affect a firms marginal cost curve?
Bbg
What is the definition of expanding industry?
An industry whose firms earn economic profits and for which an increase in output occurs as new firms enter the industry.
