Early in 2022, Fedor Company switched to a just-in-time inventory system. Its sales and inventory amounts for 2021 and 2022 are shown below. 2021 2022
Sales revenue 3,120,000 3,713,000
Cost of goods sold 1,200,000 1,425,000
Beginning inventory 170,000 210,000
Ending inventory 210,000 90,000

Determine the inventory turnover and days in inventory for 2021 and 2022.

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Ancho corp. is an automobile company whose core competency lies in manufacturing petrol- and diesel- based cars. the company realizes that more of its potential customers are switching to electric cars. the r& d department of the company acquires competencies in developing electric cars and launches its first hybrid car, which uses both gas and electricity. in this scenario, ancho is primarilya. leveraging new core competencies to improve current market position. b. redeploying existing core competencies to compete in future markets. c. unlearning existing core competencies to create and compete in markets of the future. d. building new core competencies to protect and extend current market position

Petra contracted to paint bret’s house for $2,000. after beginning the job, petra realizes that the house is really quite big, and she’s not going to make enough profit, so she tells bret she wants another $500 to finish the job. bret doesn’t want to pay more, but he’s afraid that if she walks off the job, he’ll have trouble finding someone else to finish it, so he agrees. is bret legally obligated to pay the extra $500?