User Account

All Pages

How long on average does it take to sell something

Assignment Help Accounting Basics
Reference no: EM132534028

Question - Sugar, Inc. sells $549,300 of goods during the year that have a cost of $438,600. Inventory was $30,183 at the beginning of the year and $34,438 at the end of the year.

Required - How long on average does it take to sell something from inventory after it is purchased?

a. 13.6 day

b. 107.4 day

c. 21.5 day

d. 26.9 day

Reference no: EM132534028

Questions Cloud

What is the value of the bonds as of issuance date : The bond has a coupon rate of 8%. The effective interest rate of this bond issuance is 9%. What is the value of the bonds as of issuance date?
What is the valuation allowance amount : The statutory tax rate is 35%. What is the valuation allowance amount, if any, should the company record at the end of 2019
Find the total variable costs : Find the total variable costs and the total fixed costs for the current year. Enter the final answers rounded to the nearest dollar.
Case study chris peterson at dss consulting : Case study Chris Peterson at DSS Consulting Who were the important people in the case study and what was Chris' approach to the power relations?
How long on average does it take to sell something : Sugar, Inc. sells $549,300 of goods during the year that have a cost of $438,600. How long on average does it take to sell something
How to find and calculate the cost per cuddly koala : How to Find and Calculate the cost per cuddly koala for job number A26. The job required $4,850 of direct material and 32 hours of direct labour.
Prepare a table showing depreciation expense : Prepare a table showing depreciation expense, accumulated depreciation and book value for each of the five years assuming units of production depreciation
Report on live strategic marketing activity : Report on live strategic marketing activity or case study - Critically analyse this statement using Amazon as your case study organisation
Find how are budgets used for a company or in government : Find How are budgets used for a company or in government? What would your suggestions be to balance our economic budget?

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