User Account

All Pages

Calculate the inventory turnover ratio

Assignment Help Accounting Basics
Reference no: EM132622482

Question - The following information is available for BJ Electronics Ltd for 2015, 2016 and 2017.

 

2015 $000,000

2016 $000,000

2017 $000,000

Beginning inventory

1,129

832

780

Ending inventory

832

780

1,066

Cost of sales

8,019

9,372

9,776

Sales

18,779

20,970

23,655

Required - Calculate the inventory turnover ratio, days in inventory and gross profit ratio (from chapter 4) for BJ Electronics Ltd for 2015, 2016 and 2017.

Reference no: EM132622482

Questions Cloud

What is the npv of the project : You are considering constructing a new plant in a remote wilderness area to process the ore from a planned mining operation. You anticipate that the plant will
Calculate the amount of inventory purchased : If all inventory purchases are purchased and paid for in the current month, calculate the amount of inventory purchased and paid for in September.
How is roe and eps used in evaluating the value of a company : How is ROE and EPS used in evaluating the value of a company? How is ROE and EPS calculated? Why is understanding ROE and EPS important to a company's value?
What do you view as strengths of the program and why : Locate one community health promotion initiative within your local community. Discuss the goals, implementation, and evaluation of the program.
Calculate the inventory turnover ratio : Calculate the inventory turnover ratio, days in inventory and gross profit ratio (from chapter 4) for BJ Electronics Ltd for 2015, 2016 and 2017
How do you calculate monthly mortgage payment : How do you calculate monthly mortgage payment "M" in R studio For example let's say my principal balance is 300000 interest rate is 0.2% and there are 360 total
How many days are in the accounts payable period : How many days are in the accounts receivable period? How many days are in the accounts payable period? How many days are in the operating cycle?
Explore the integral components of community health proposal : The instructor will assign you to discuss either the strengths or weaknesses of the Culturally Appropriate School Wellness Initiative.
How non diversification risk differs from diversifiable risk : Explain how non diversification risk differs from diversifiable risk. Why is it that the market will pay an investor for taking on nondiversifiable risk

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd