Suppose a company that manufactures and sells motorcycles have made changes in their product range. Previously,...
Suppose a company that manufactures and sells motorcycles have made changes in their product range. Previously, they had 10 models, now they have 6. The change was beneficial for the company and the turnover increased from $1 000 000 to $1 200 000. All other things are assumed to be the same.
3. How much did the stock level change?
Homework Answers
Inventory change = (current - previous )/ previous *100
= ($1200000 - $1000000) /100000 *100
= 20%
The stock level is change by the 20% becuase their is increase in the inventory by $20000 which shows that the stock of the company is also increase by this amount as the company now sell 6 items only so stock of 6 model increase.
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Suppose a company that manufactures and sells motorcycles have
made changes in their product range. Previously,...
Suppose a company that manufactures and sells motorcycles have made changes in their product rang...
Suppose a company that manufactures and sells motorcycles have made changes in their product range. Previously, they had 10 models, now they have 6. The change was beneficial for the company and the turnover increased from $1 000 000 to $1 200 000. All other things are assumed to be the same. 3. How much did the stock level change? Enter the correct number (in %, with one correct decimal) in the input field.
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Suppose a company that manufactures and sells motorcycles have made changes in their product range. Previously, they had 10 models, now they have 6. The change was beneficial for the company and the turnover increased from $1 000 000 to $1 200 000. All other things are assumed to be the same. 3. How much did the stock level change? Enter the correct number (in %, with one correct decimal) in the input field.
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