User Account

All Pages

Determine the inventory turnover

Assignment Help Accounting Basics
Reference no: EM131966922

Question - Inventory Analysis

A company reports the following:

Cost of goods sold $388,725

Average inventory 51,830

Determine (a) the inventory turnover and (b) the number of days' sales in inventory. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume 365 days a year.

Reference no: EM131966922

Questions Cloud

Difference in percent of students who pass using two methods : a. Find a 90% confidence interval to estimate the difference in the percent of students who pass using the two methods.
What is your story about how to construct good portfolios : What is your story about how to construct good portfolios (trading strategy)? In other words, which firm-level variable(s) can serve as a standard for picking.
Examine one adult learning theory : Recount one (1) instance in which one (1) real-life experience enabled you to make meaning of the concepts inherent in your chosen theory / topic.
Calculate the price value of a basis point : calculate the price value of a basis point if new yield to maturity is 8.01% calculate the actual price of bond for 50 basis point increase in interest rates.
Determine the inventory turnover : Determine (a) the inventory turnover and (b) the number of days' sales in inventory. Round interim calculations to the nearest dollar
Confidence interval for the population average start-up : To be prepared with enough money, Reenen wants to find a 90% confidence interval for the population average start-up cost µ for cosmetics businesses.
Explain the fundamental role of embodied learning : Explain the fundamental role of embodied learning in modality preference. Illustrate the process by which embodied learning would foster.
Determine the variable cost per unit : Using the high-low method, determine (a) the variable cost per unit and (b) the total fixed cost. Round all answers to the nearest whole dollar
Compute required uniform monthly deposit : Compute the required uniform monthly deposit.

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