Two businesses operate in the same industry, one has an inventory turnoverperiod that is no longer than the industry average. The other has an inventories turnover period that is shorter than the industry average. What is the possible explanation for each business's inventories turnover period rations?
Answers: 1
Business, 23.06.2019 01:30, zayeboyd4436
Brian has just finished college. he wants to set up a small business to make and sell fireworks. he registers his company and acquires a license from the government. he finds that most of his competitors are selling fireworks at an extremely low price. he would like to make more money, so he decides to innovate and develop better fireworks. he sells his fireworks at a higher price, and they are a huge hit with the customers. after a few years, he earns enough profit to set up a bigger fireworks factory that complies with the government’s health and safety regulations. he even starts exporting fireworks overseas. which type of economy does this scenario describe?
Answers: 3
Two businesses operate in the same industry, one has an inventory turnoverperiod that is no longer t...
Business, 23.06.2019 03:30
Mathematics, 23.06.2019 03:30
Mathematics, 23.06.2019 03:30