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Question - Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022.
(in millions)
2020
2021
2022
Beginning inventory
$104,000
$311,500
$410,500
Ending inventory
311,500
410,500
474,000
Cost of goods sold
891,000
1,129,000
1,290,000
Sales revenue
1,194,500
1,595,000
1,895,500
Required -
(a) Calculate the inventory turnover for 2020, 2021, and 2022.
(b) Calculate the days in inventory for 2020, 2021, and 2022.
The Waterway, Inc. sold 10,800 season tickets at $1,890 each. What amount should be reported as a current liability at December 31, 2017
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The $1,000 par value bonds have a quoted annual interest rate of '13 percent, Compute the price of the bonds based on semi annual analysis
Question - Carmen Gaetano worked 46 hours during this payweek. What was his overtime premium pay for this workweek
One method suggested was to report these discounts as financial income when payments are made. Comment on the propriety of this approach.
1.At the beginning of 2013, Pioneer Products' ownership interest in the common stock of LLB Co. increased to the point that it became appropriate to begin using the equity method of accounting for the investment.
Compute the number of shares to be used in determining diluted earnings per share for 2018. Dunbar Company had 470,000 shares of common stock outstanding
apple and phillips balance sheets for year ending 2012.comment on three difference between their balance sheets. also
Provide a written analysis and your conclusions of how JCR should account for this contract upgrade, using the Codification for support
A company that provides training, certification and consulting services to commercial, government, and non-profit organizations in applying best practices in balanced scorecard (BSC), strategic performance management and measurement, and transform..
Gross accounts receivable is estimated to be uncollectible. What is the balance in the allowance for doubtful accounts after the bad debt expense is recorded?
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