Inventory turnover that henderson corporation is expecting

Assignment Help Financial Management

Reference no: EM131526465

Henderson Corporation is a supplier of alloy ball bearings to auto manufacturers in Detroit. Because of the specialized manufacturing process employed, considerable work-in-process and raw material inventories are created. The average inventory levels are $1,152,000 and $2,725,000, respectively. In addition, finished goods inventory is $3,225,000, and sales (at cost) for the current year are expected to be about $24 million. The inventory turnover that Henderson Corporation is currently expecting is: (Please show formula not excel)

Reference no: EM131526465

Questions Cloud

Used as the initial cash flow for building project : What amount should be used as the initial cash flow for this building project?

Considering new bootleg cd service for live local concerts : Kendrick Lamar, Inc., is considering a new bootleg CD service for live local concerts, with these cash flows (CF's): Init. Outlay = $13000; CF1 = $5000.

Calculate the value of a share of this company stock : calculate the value of a share of this company's stock.

Using the unused capacity for the new product : what is the opportunity cost associated with using the unused capacity for the new product?

Inventory turnover that henderson corporation is expecting : Henderson Corporation is supplier of alloy ball bearings to auto manufacturers in Detroit. Inventory turnover that Henderson Corporation is currently expecting

How would you define religious freedom : How would you define religious freedom? To what extent does religious freedom intersect with the separation of church and state?

How america understood fundamentalism at the time : Interview Assignment- Elizabeth: How that shaped her worldview, and how America understood fundamentalism at the time.

Analyze ethical thinking and use values-based decision : Analyze ethical thinking and use values-based decision making to address a case study from the perspective of the Christian worldview.

How might confucius react to these words and zoroaster : How might Confucius react to these words? Zoroaster? Guru Nanak? Share your thoughts in a lively discussion.

User Account

All Pages