General Business Questions and Answers

I NEED MONEY FOR MY CHILDREN FOR IMG ACADEMIES.any body can abet us?any body?

MY CHILDREN LOVE TENIS,WE NEED 600.000$ FOR IMG ACADEMIES.WHERE I CAN GAT THIS MUCH MONEY?MAYBE ANY ONE CAN HELP US?


Answers: Don't waste your time looking for internet "job." You'll just be bombarded beside all kind of scams.

A company reported the following amounts within its financial statements?

2008 2007 2006
Avg. merchandise inventory $ 200,000 $120,000 $90,000
Cost of goods sold $4,000,000 $3,000,000 ,500,000

From 2007 to 2008, the company’s headship of inventory is
A. declining, because the number of days’ sale in inventory is getting larger.
B. increasing, because the number of days’ sale in inventory is getting larger.
C. on the way out, because the number of days’ sales surrounded by inventory is getting smaller.
D. increasing, because the number of days’ sales contained by inventory is getting smaller

I picked C, and I know that D is wrong, is this correct?


Answers: I object to the vocabulary "declining" or "increasing" in this context; "improving" or "degrading" would be more appropriate. In this skin, "degrading" fits; the inventory has increased faster than the sale. (Assuming that COGS relates linearly to Sales -- which it may not.)

What was the consumer price index released on 01/16/08?




Answers: 210.036
Summary for Dec # released on Wed: (Link to full report (a) bottom)
CONSUMER PRICE INDEX: DECEMBER 2007

The Consumer Price Index for All Urban Consumers (CPI-U) decreased 0.1
percent in December before seasonal adjustment, the Bureau of Labor Statistics of the U.S. Department of Labor reported today. The December
level of 210.036 (1982-84=100) was 4.1 percent higher than in December
2006.

http://www.bls.gov/news.release/cpi.nr0.

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