Compute the inventory turnover and days inventory

Assignment Help Financial Accounting

Reference no: EM131296247

Just a Buck Discount Stores is assessing its levels of inventory for 2010 and 2011 and has gathered the following data:

2011:

Ending inventory $96,000

Cost of Goods Sold $480,000

2010:

Ending inventory $81,000

Cost of Goods Sold $450,000

2009:

Ending inventory $69,000

Compute the inventory turnover and days' inventory on hand for 2010 and 2011.

Reference no: EM131296247

Questions Cloud

Find the thevenin equivalent for the circuit : Find the Thévenin equivalent for the circuit in Figure.- Then select values for R and L so that the Thévenin voltage has a pole at -24 krad/s.

Potential benefits and challenges of using benchmarking : Discuss the potential benefits and challenges of using benchmarking within healthcare. Pick one specific challenge or benefit and answer the following questions:

Flat tax and national sales tax and value added tax : Two controversial fundamental tax reform ideas are often hot news topics. One proposal is the flat tax and national sales tax. The flat tax is favored by former presidential candidate and publisher Steve Forbes. What evidence can point to respect to ..

Number of individuals with cognitive impairment : Provide 2-3 policy options that can be implemented for the problem of determining capacity to consent. As the number of individuals with cognitive impairment continue to rise, so will the number of people with questionable capacity to make health ..

Compute the inventory turnover and days inventory : Just a Buck Discount Stores is assessing its levels of inventory for 2010 and 2011 and has gathered the following data: Compute the inventory turnover and days' inventory on hand for 2010 and 2011.

Identify the natural and the forced poles : Use the lookback method to find ZN(s).- If I1(s) is equal to IA/s, find the poles and zeroes of I2(s) and identify the natural and the forced poles.

Difference between leadership and management : What is the difference between Leadership and Management? Please respond with at least 2 paragraphs and references.

How does the leaders approach affect team relationships : How does the leaders' approach affect team relationships? As a leader, how would you use power in your relationships with team members and why?

Basic knowledge of optical communication systems : To assess the technical and presentation skills by exploring the technical knowledge gained in optical commination systems -

User Account

All Pages