What is the annual cost of goods sold

Reference no: EM13964960

1. If the average inventories is $2 mil, the average payables is $.7mil, the receivable Period is 30 days and the cash conversion cycle is 50 days. What is the annual cost of goods sold?

2. With 3/10 net 70 terms = what is EAR?

Reference no: EM13964960

Questions Cloud

Prepare a report for the forming department : Prepare a report for the Forming Department for October showing how much cost should have been assigned to the units completed and transferred to the Stamping Department and to the ending work in process inventory.

What is the minimum wave amplitude a : A large ant is standing on the middle of a circus tightrope that is stretched with tension Ts. The rope has mass per unit length μ. Wanting to shake the ant off the rope, a tightrope walker moves her foot up and down near the end of the tightrope,..

Advantages and disadvantages of a partnership to the buyer : What are the advantages and disadvantages of pushing inventory downstream closer to consumers? Explain how the need to reduce inventory holding costs would be a good reason to (re)design a supply chain, and give an example. What are the advantages an..

What is the basic business model : What is the basic business model of Macy's? How would you define the business model of a department store compared to a discount retailer? Why is Macy's now turning to the off-price business model? How does this business model work?

What is the annual cost of goods sold : If the average inventories is $2 mil, the average payables is $.7mil, the receivable Period is 30 days and the cash conversion cycle is 50 days. What is the annual cost of goods sold? With 3/10 net 70 terms = what is EAR?

Most economists regard investment as being less stable : Most economists regard investment as being less stable than consumption. Looking at the determinants of each factor, support this contention

How are the two variables mathematically related : Using the data in the table calculate the regression equation, including the slope and intercept terms, R squared, and the SE of the regression (SE of the estimate).

Variety of unpackaged dried fruit and nut items : MixedNutsis a store that sells a variety of unpackaged dried fruit and nut items. The current amounts of supplies of each item are listed in the following table:

A jeans manufacturer operates twin plants- : A jeans manufacturer operates twin plants- one in Juarez, Mexico and the other in El Paso, Texas. The Juarez plant cuts fabric for the jeans, and the El Paso plant assembles the pieces into finished jeans. In a given year, the Juarez plant ships $40 ..

User Account

All Pages