Rachets r us inventory turnover

Assignment Help Finance Basics
Reference no: EM131727061

Rachets R Us Corp. reported sales for 2013 of $200,000. Rachets R Us listed $25,000 of inventory on its balance sheet. Using a 365-day year, how many days did Rachets R Us's inventory stay on the premises? How many times per year did Rachets R Us's inventory turnover?

Reference no: EM131727061

Questions Cloud

Gloria the investor : Gloria is a seasoned sales manager with a very large international company. Although she has a great deal of experience with sales
Explain purpose of board that disseminate federal accounting : Describe the purpose of the Board that disseminates federal accounting standards and how they contribute to financial reporting of the U.S. Federal Government.
Compute the amount of overhead allocated : Compute the amount of overhead allocated to the J25P and the J40X cameras for the first quarter using activity-based costing
Discuss continue to grow food organically : Another way we can take a stand against GMOs is by supporting farmers that continue to grow food organically
Rachets r us inventory turnover : How many days did Rachets R Us's inventory stay on the premises? How many times per year did Rachets R Us's inventory turnover?
Firm required return : Lawrence? Industries' most recent annual dividend was ?$1.98 per share ?(D0equals=$ 1.98?), and the? firm's required return is 10?%.
Determine the number of days sales in inventory : Determine the number of days' sales in inventory (use 365 days and round to the nearest day) and the inventory turnover for the three companies
Explian situation where ucc differs from contract common law : Discussion: The Uniform Commercial Code- Identify a situation where the UCC differs from contract common law. Why do you think that difference exists?
Define the shahnameh in comparison to oedipus tyrannus : Tragedy Across the Mediterranean: Consider "The Tale of Sohrab" from the Shahnameh in comparison to Oedipus Tyrannus

Reviews

Write a Review

Finance Basics Questions & Answers

  Expected to grow at a constant rate

Stock Values The Jackson-Timberlake Wardrobe Co. just paid a dividend of $1.95 per share on its stock. The dividends are expected to grow at a constant rate of 4 percent per year indefinitely.

  What is the average daily disbursement floathow much

no more pencils inc. disburses checks every two weeks that average 93000 and take seven days to clear. ignore the

  What is the probability that at least one

A dealer sells 6 such cars. What is the probability that at least one of them will require repairs in the first six months?

  Discuss the niskanen model of bureaucracy

In the aftermath of September 11 there were fears that terrorists would attempt to sabotage the countrys food supply. Food safety is under the jurisdiction.

  Distinguish between a paper session and a poster session

When an author submits a manuscript to a journal, what is the general process by which the decision whether or not to publish the paper is made?

  Longer we have to wait for a future amount to be received

Question 1.1. The longer we have to wait for a future amount to be received: the lower its present value will be. the higher its present value will be. Time does not affect present value, so it doesn't matter how long we have to wait. Beyond 10 year..

  What is the probability distribution for number of dry wells

What is the probability that all 12 are dry wells? What is the probability distribution for the number of dry wells?

  How many shares will be repurchased

Debby, the owner of Oxford Corporation, has decided that it's time to make some changes to the firm's capital structure. She estimates that Oxford's FCF is $150

  What will the impact be on its operating breakeven point

The Great Fish Taco Corporation currently has fixed operating costs of $15,000, sells its premade tacos for $6 per box, and incurs variable operating costs of $2.50 per box. If the firm has a potential investment that would simultaneously raise its f..

  Inventories reported on the financial statements

Internal auditors discovered that ending inventories reported on the financial statements the two previous years were misstated due to faulty internal controls

  What is the cross-rate of swiss francs to euros

Suppose the exchange rate between U.S. dollars and Swiss francs is SF 1.41 = $1.00, and the exchange rate between the U.S. dollar and the euro is $1.00 = 1.64 euros. What is the cross-rate of Swiss francs to euros?

  This will entail an increase in inventory of 8000 an

you are considering adding a microbrewery onto one of your firms already existing restaurants. this will entail an

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