Now, let’s calculate the inventory turnover rate. During whatever timeframe you’re using for measurement, imagine you sell 2,000 units and have an average of 500 on hand in your warehouses at any given time. In this instance, your inventory turnover rate would be 4.How to calculate ...
Price decisions directly impact a retailer’s profitability and competitiveness. Thus, pricing is one of the most important decisions managers have to make. But how to calculate retail price?After all, pricing can make or break a business: set prices too high, and you shut yourself out of ...
We also need to calculate the area of the bases, which is equal to a base but times 2. We use the formula that was given to us earlier and substitute the values: Area of the bases = 2 ×π × r2 2× 3.14 × 9 = 56.52 cm² And finally, we add the parts of the cylinder, ...
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The Chemex is the definitive American speciality-coffee brewing tool. It was invented in 1941 and is even hosted in the collection of the Museum of Modern Art in New York City. Here's how to brew the perfect Chemex coffee. You will need: ...
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To style the title we will set the font, the size, the color, etc. In this form I’ve added an image for the heading, so I’ve created a new class “replace-text” to replace the text with the image, basically we are hiding the text using the text-indent property and adding the...
We seek to find the least common multiple (LCM)— the smallest number that all your chosen numbers can divide evenly into, without leaving anything behind (like a remainder or a fraction). But how do we find this friendly number? Here are one to six prime factor methods, to calculate ...
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