Calculate the inventory turnover for each year

Reference no: EM13292412

The Robinson Company had a cost of goods sold of $1,000,000 in 2011 and $1,200,000 in 2012.

a. Calculate the inventory turnover for each year. Comment on your findings.
b. What would have been the amount of inventories in 2012 if the 2011 turnover ratio had been maintained.

Reference no: EM13292412

Questions Cloud

Two related discussions about life expectancy : In this module, there are two related discussions about life expectancy and the need to think ahead and plan ahead

What are the eigenfunctions and eigenvalues : Please address the 2-D/3-D cases for the particle in a finite box of infinite depth. What are the eigenfunctions and eigenvalues now

Calulate the number of scrs in series and parallel units : A number of SCRs, each with a rating of 2000V and 50A are to beused in series-parallel combination in a circuit to handle 11KV and400A. For a derating factor of 0.15, calulate the number of SCRs in series and parallel units.

Calculate the inventory turnover for each year : The Robinson Company had a cost of goods sold of $1,000,000 in 2011 and $1,200,000 in 2012.

From which circuit is the recovered modulating signal taken : The FM input to a PLL demodulator has an unmodulated center frequency of 10.7 MHZ. (a) To what frequency must the VCO be set (b) From which circuit is the recovered modulating signal taken

What is the function of a mutual fund : What is the function of a mutual fund? Why are mutual funds popular among investors? How does a money market mutual fund differ from a stock or bond mutual fund?

Analyze the steps involved in capital budgeting financial : Create a brief scenario in which you highlight the value of break-even and profitability analysis for a health care organization.

Explain the differences amonga truth table and state table : Explain the differences amonga truth table, a state table, a characteristic table, and an excitation table. Also, explain the differences among a Booleanequation, a state equation, a characteristic equation, and a flip-flop input equation.

User Account

All Pages