in 2010 and $1‚200‚000 in 2011. a. Calculate the inventory turnover for each year. Comment on your findings b. What would have been the amount of inventories in 2011 if the 2010 turnover ratio had been maintained? a. inventory turnover for 2010 =COGS/Inventory = $1‚000‚000/350‚000=2.857 inventory turnover for 2011 =COGS/Inventory = $1‚200‚000/500‚000=2.4 b. $1‚200‚000 /inventory =2.857 Inventory in 2011 to maintain 2010 turnover ratio = $420‚021.00 2. The Robinson Company has the
Premium Balance sheet Accounts receivable Generally Accepted Accounting Principles
Job turnover intention in Bangladesh _____________________________ Date: 15 July‚ 2010. Introduction: I present an organized set of stylized facts on the relations among flows of workers‚ changes in employment and changes in the number of jobs at the bank and securities level. Job turnover is usually measured by comparing stocks of employment in some banks at two points in time and adding up the absolute employment changes. This measure is a just proxy for true job turnover because only 10 changes
Premium Bank Employment
2. If you became the new manager at a restaurant with high employee turnover‚ what actions would you take to increase retention of employees? If I was the manager at the restaurant with high employee turnover‚ the actions that I would take to increase retention of employees will be first find out the reasons why employees are leaving when conducting their exit interview (Chapter 5‚ page 192). By doing this I as manager can pinpoint the problem and fix it so no more employees leave and our talented
Premium Management Human resource management Employment
numerous taxable jurisdictions to which our business is related. Concerning our inventory turnover ratio‚ it is decreasing to 10 because of our continuing focus on in-stock inventory availability and our investment in new geographies and product lines. But thanks to sophisticated inventory forecasting‚ our ratio is still superior to both industry and Staples ratios of 8. Our working capital turnover ratio of 10 benefits from its fast inventory turn. Moreover‚ Amazon has managed to build a retail
Premium Marketing Online shopping Sales
N0 | NAMES | REG N0 | SIGNATURES | 1 | ITANZE Dieudonne | PSF20115374S | | 2 | IYAKAREMYE Pascal | PSF20115291S | | 3 | KAGABO Prime | GSF20115035S | | 4 | KAMALIZA U.Janviere | GSF20115053S | | 5 | KANKURANGA François | PSF20115308S | | 6 | KANYANGE Yvette | PSF20115121S | | 7 | KAYIGAMBA Viateur | GSF20114958S | | 8 | KASINE Diane | PSF20115172S | | 9 | KAYESU Moreen | GSF20114904S | | 10 | KAGAME Fred | GSF20114915S | | 11 | KALINDA Bryan | PSF20115155S | |
Premium Auditing Internal control Internal audit
CEO Group COO Group COO Group CFO Group CFO Account Department Account Department KFC General Manager KFC General Manager Human Resource Manger Human Resource Manger Branch Managers Branch Managers Account Manager Account Manager Supervisors Supervisors Administrators Administrators Accountants Accountants First-Line First-Line Human Resource Management of KFC Corporation. The internationalization of human resource management has increased the scope
Premium Human resource management Human resources
A high inventory turnover ratio is sometimes not a good thing for it reveals that the company may not have enough inventories to sell. People can analyze inventory turnover ratio with days in the inventory ratio. Nordstrom’s inventory turnover ratio in 2014 is 5.15 times which means the company turns over its inventory into sales 5 times a year‚ and the ratio in 2013 is 5.35 times. By comparing the inventory turnover ratio from 2013 with the ratio form 2014‚ we can
Premium Financial ratios Generally Accepted Accounting Principles Inventory
|2005 |2006 | |Inventory Turnover Ratio |0 |1.11 |0.097 |0.085 |0.696 | |Average No. Days Inventory In Stock |0 |328.9 |3742.72 |4301.69 |524.56 | Interpretations: Short Term Activity ratios calculate the operational efficiency regarding the utilization of short term assets Inventory Turnover Ratio: The ratio tells about how many times Inventory turnover is made or complete in a given year
Premium Generally Accepted Accounting Principles Balance sheet Financial ratios
Case Study 1 Introduction Since KFC opened the first outlet in Beijing in 1987‚ the fast-food giant has occupied its dominant position in China(Bell and Shelman 2011). As KFC expands rapidly in China‚ it formulates specific strategy aiming to Chinese customers and accomplishes unprecedented success. Among all the strategies‚ the localization strategy and the different operation management contribute significantly. While analyzing such strategies‚ benefits and weakness both emerge and some questions
Premium Fast food Strategic management SWOT analysis
Table of Contents Table of Contents 1 EXECUTIVE SUMMARY 3 CHAPTER ONE 4 1.0 INTRODUCTION 4 1.1 BACKGROUND: 4 1.2 RESEARCH OBJECTIVE: 5 1.3 PROBLEM STATEMENT: 5 1.4 PRIMARY RESEARCH QUESTION 5 1.5 OTHER RESEARCH QUESTIONS 6 1.6 HYPOTHESIS 7 1.7 POPULATION 8 1.8 SAMPLE 8 1.9 RESEARCH TOOL 8 1.10 ANALYSIS 8 1.11 SCOPE 8 1.12 LIMITATIONS 8 CHAPTER TWO 9 2.1 INTRODUCTION 9 2.2 JOB SATISFACTION: 14 2.3 FACTORS INFLUENCING JOB SATISFACTION 17 2.4 JOB DESIGN 17 2.5 WORKPLACE
Premium Maslow's hierarchy of needs Organizational studies and human resource management