Sales - Cost of goods sold = Gross margin 2. Cost of goods sold = Beginning inventory + Purchases – Ending inventory 3. Inventory is reported on the balance sheet at replacement cost when it is less than cost. 4. Inventory turnover (3.79) = Cost of goods sold ($750‚000) ÷ Average inventory ($188‚000 + $208‚000)÷ 2 5. Average days to sell inventory (96.3) = 365 days ÷ Inventory turnover (3.79) 6. Average days to sell inventory (96.3) = 365 days ÷ Inventory turnover (3.79) 7. LIFO cost of goods sold
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Democracy For the use of the term "democracy" as referring to a system involving multiparty elections‚ representative government‚ and freedom of speech‚ see Liberal democracy. For other uses‚ see Democracy (disambiguation). Democracy is a form of government in which all eligible citizens participate equally—either directly or through elected representatives—in the proposal‚ development‚ and creation of laws. It encompasses social‚ economic and cultural conditions that enable the free and equal
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Teach every child about food Chad Yooprangthong ECPI University People all over the world and especially in America are dying from the food that they eat‚ simply because they were not well educated about the importance of healthy food. As of now every 18 minutes four Americans will lose their lives from health problems related to bad diet and obesity. Heart disease‚ cancer‚ stroke‚ and diabetes are topping the charts for causes of death in the United States while people are worried about homicide
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at night. Moving on‚ Whitney Houston inspired me with her amazing songs. She has love song and songs when she was sad and lonely. My favorite song out of one of her album is “I will always love you”. My friend and I used to sing that song mostly every day. The other song that I really liked is when she singed The Star Spangled Banner before the football game. She made so much amazing music the people loved. That is why she has so many wonderful fans. Another reason‚ why Whitney Houston inspires
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”Every Good Boy” by David Nicholls (2011) Expectations. It’s an odd word. It means that you believe that something will have a certain outcome. It can be either good or bad. Most people tend to forget that though‚ and only associate it with the good things. In reality‚ most expectations don’t have the outcome you want them to. No matter how hard you try to meet everyone’s expectations‚ it isn’t always in the cards for you. It could be that you expect a good grade for your latest essay or that you
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Investigate and critically evaluate and reflect upon the subject responsibility for providing for and achieving the five outcomes of ‘Every Child Matters’ Recent Government strategies including the green paper ‘Every Child Matters’ (ECM) published in 2003 and the subsequent Children Act passed in 2004‚ have undoubtedly sought to enhance the support for children perceived to be vulnerable and in need (Medcalf et al 2006). The ECM agenda is one of the many legislative documents concerned in the
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Should general elections be held every 4 years? The current state of affairs‚ concerning the general elections‚ is unfair and biased and should‚ and hopefully will‚ be changed. In this paper I will demonstrate a number of points and prove that something must be done. My first reason is‚ as I explained above‚ unfair and biased. The reason for this is because the current prime minister could hold an opinion poll‚ which says how popular they are at the time‚ and can choose when to have a general election
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Executive Summary Indian snack food industry comprises of many Indian as well as MNCs. The Indian snack market reached a value of $307.7 million in 2001. The Indian snacks food market is of the order of 400‚000 tones. This wide range of products are categorized under Potato / Banana Chips‚ Namkeens & Fun-Foods. The organized market for chips is estimated to be 6500 tons valued at Rs.2 bn. The market for branded chips has been growing at a fast pace of around 20-25 % annually.
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Running head: PROBLEM SOLUTION: BEST SNACKS INC. Problem Solution: Best Snacks Inc. University of Phoenix Problem Solution: Best Snacks Inc. Over the last few years Best Snacks has been faced with declined sales‚ decreased market shares as well as steadily decline stock market prices. As a result of these changes‚ Best Snack is currently no longer on top of the snack food industry. The current CEO Elizabeth Fairchild‚ has enlisted the assistance of Vice President of Organizational Development
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“Every man dies but not every man really lives” was among the few words written by Sir William Ross Wallace‚ an American poet during the 1860s. Well‚ as for me I want to live my life to the fullest before I leave to my eternal home up there. Having a bucket list simply keeps me on track to full fill every minor and major thing I want to do before I kick the bucket. The very first item on my list is to tell my mother that I love her. I believe in love at first sight because since the very first
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