Determine the inventory turnover ratio for roberta company

Assignment Help Accounting Basics
Reference no: EM132756364

Roberta sold goods costing $35,500, her expenses totaled $2,500 and her freight in totaled $750. Her company's average stock of goods during the same period was $9,500.

Problem 1: The inventory turnover ratio for Roberta's company is

Reference no: EM132756364

Questions Cloud

What are the equivalent units of production : What are the equivalent units of production for materials and conversion costs in the Fabricating Department for the month of March
What is the amount of oriole company total assets : The liabilities of Oriole Company are $117,000 and the owner's equity is $227,000. What is the amount of Oriole Company's total assets?
Just-in-time and market structures and cost management : Develop three examples that illustrate how a manufacturing company or a service company of your choice uses JIT,
Why is becoming a subject so important to kierkegaard : Why is "becoming a subject" so important to Kierkegaard's philosophical enterprise?
Determine the inventory turnover ratio for roberta company : Determine the inventory turnover ratio for Roberta's company is? Roberta sold goods costing $35,500, her expenses totaled $2,500 and her freight in totaled $750
Method of knowing distinctly philosophical : Discuss what makes Thales' method of knowing distinctly philosophical as opposed to mythology and religion.
What is the ending inventory at december : What is the ending inventory at December 31, 2018 and 2019 using the dollar-value LIFO method? Sterling Products, Inc. adopted the dollar-value LIFO method
Strategic thinking discussed by paul and elder : What barriers to strategic thinking discussed by Paul and Elder (2015) do you see in the workplace?
What is Ritz-Carlton business strategy : What is Ritz-Carlton's business strategy, e.g., who are their primary customers?

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.

  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!

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