What amount is the company days sales in inventory

Assignment Help Financial Management

Reference no: EM131830473

1. ABC Company has a gross profit margin of 33.7%, Net Sales of $40,000,000, and inventory of $13,000,000. What is its Days’ Sales in Inventory?

2. If DEF Manufacturing has an accounts receivable turnover of 5.0 times and Net Sales of $8,000,000, what would its accounts receivable be?

3. If GHI Corporation has accounts receivable of $300,000 and net sales of $2,000,000, what is accounts receivable turnover in days?

4. JKL Inc. has Net Sales of $6,000,000 and a gross profit margin of 67.3%. What is the firm’s cost of goods sold?

5. MNO Ltd. Has an inventory turnover ratio of 6.0 times. What amount is the company’s days’ sales in inventory?

Reference no: EM131830473

Questions Cloud

Box containing five red balls and ten blue balls : Suppose that seven balls are selected at random without replacement from a box containing five red balls and ten blue balls.

Explain using a computer program and programming a computer : Suppose you have a random sequence of colored marbles. Explain the difference between using a computer program and programming a computer.

Comparison between two research studies : Comparison between two research studies - discuss similarities and differences in how they addressed the topic.

Replacement from a class containing : Suppose that n students are selected at random without replacement from a class containing T students, of whom A are boys and T

What amount is the company days sales in inventory : MNO Ltd. Has an inventory turnover ratio of 6.0 times. What amount is the company’s days’ sales in inventory?

Approximate expression for probability : Determine (a) an exact expression for the probability that not more than one defective item will be obtained and (b) an approximate expression

The price of the treasury bond : The price of the Treasury bond

Determine the mean and variance of x : Suppose that n persons are selected from this group at random without replacement, and let X denote the sum of the heights of these n persons.

Why can not you test a program for run-time errors : Why can't test a program for run-time errors when it has compiler errors? Suppose interest rate was 20 percent. How long would it take for investment to double?

User Account

All Pages