Reference no: EM132693012
1- A company has beginning inventory of $28,000 and ending inventory of $61,000. If the COGS is $158,000, determine how many days the average item is in stock. (Do not round intermediate calculations; provide an answer with two decimal places, i.e. 123.45)
2- your spouse provided the following information information about your family: salaries, $46,000; mortgage payment, $7,703; food, $2,324; interest income, $531; transportation, $1,547; dividend income, $552; automobile payment, $3,354; clothes and personal, $2,942; student loan payment, $1,278; property taxes, $1,538; utilities, $3,706; insurance, $2,465; income taxes $9,422; and recreation and vacation, $2,807. Construct a personal income statement for the family and determine what is the family's disposable income?
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: A company has beginning inventory of $28,000 and ending inventory of $61,000. If the COGS is $158,000, determine how many days the average item is in stock.
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