Financial statement data for years ending december 31 for holland company follows: 20y4 20y3 cost of merchandise sold $4,504,500 $3,715,200 inventories: beginning of year 788,000 760,000 end of year 850,000 788,000 a. determine the inventory turnover for 20y4 and 20y3. round to one decimal place. inventory turnover 20y4 20y3 b. determine the days' sales in inventory for 20y4 and 20y3. assume 365 days a year. round interim calculations and final answers to one decimal place. days' sales in inventory 20y4 days 20y3 days c. does the change in inventory turnover and the days' sales in inventory from 20y3 to 20y4 indicate a favorable or an unfavorable trend?

According to the law of demand, there is an inverse relationship between price and quantity demanded. that is, the demand curve for goods and services slopes downward. why?

Which of the following statements about brand names is true? brand names give the seller an incentive to provide consistently high-quality products and services in order to protect the reputation of the brand. brand names are always economically wasteful since they dupe consumers into buying more expensive goods and services that are no different from generic versions. it is always rational to prefer brand names over generic substitutes. read the following example and determine whether it illustrates a common critique or defense of advertising. musashi sees a commercial for a brand x clothing company that depicts the wearers of the clothes out having a good time with friends. although he doesn't particularly need new clothes, the commercial prompts him to buy a brand x t-shirt.

Advertisers are usually very conscious of their audience. choose an issue of a popular magazine such as time, sports illustrated, vanity fair, rolling stone, or the like. from that issue select three advertisements to analyze. try to determine the audience being appealed to in each advertisement and analyze the appeals used to persuade buyers. how might the appeals differ is the ads were designed to persuade a different audience.