Use the Information Below to Answer the Following Questions

question 41

Multiple Choice

Use the information below to answer the following questions:
Saw Ltd’s inventory at 1 July 2011 was $16 300, and at 30 June 2009 it was $23 700. Sales for the year ended 30 June 2012 were $125 000 and the gross margin was 20%.
-What was the inventory turnover?

• A) 5.25 times p.a.
• B) 5 times p.a.
• C) it cannot be calculated from the information provided
• D) 1.25 times p.a.

Distinguish between the information typically found in the body of a report and that of a proposal.

Understand the purpose of each section within a proposal.

Learn strategies for strengthening arguments in business proposals.

Know the elements of a work plan in the context of proposals.

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Definitions:

Primary Data

Original and directly collected data specifically for the purpose of a research study or project.

Secondary Data

Data that has been collected previously for a different purpose but is being used in a current research study.

Drop-In Daycare Center

A childcare service option that allows parents to drop off their children for care on an as-needed, without a long-term commitment.

Ethical Issue

A moral challenge or dilemma arising in a situation, where a decision must be made about the right or wrong action.