What is the inventory period

Assignment Help Finance Basics
Reference no: EM13279696

On May, 19, a company purchased $1,000 worth of inventory on credit. The company paid the bill after 30 days. The inventory was sold for $1,400 after another 40 days. What is the inventory period.

Reference no: EM13279696

Questions Cloud

Find the rate at which water flows out : A cylindrical tank with a large diameter is filled with water to a depth D = 0.25 m. A hole of cross section A = 6.1 cm2 in the bottom of the tank allows water to drain out. What is the rate at which water flows out
Calculate the expected rate of return for exxon : If the beta of Exxon Mobil is 0.65, risk-free rate is 4% and the market rate of return is 14%, calculate the expected rate of return for Exxon.
What is next year dividend : The last reported earnings for White Corp. were $1.50 last year and earnings are expected to grow at 5% indefinitely. If their dividend policy is to pay out 50% of earnings in dividends, what is next year's dividend?
Explain how to design a code to open a vault : Design a code to open a vault (after entering the correct 4-number sequence "1234"), it displays the word OPEN when the correct sequence is entered.
What is the inventory period : On May, 19, a company purchased $1,000 worth of inventory on credit. The company paid the bill after 30 days. The inventory was sold for $1,400 after another 40 days. What is the inventory period.
Compute how long must the engines be fired : As a spacecraft approaches a planet, the rocket engines on it are fired (turned on) to slow it down so it will go into orbit around the planet. compute how long (in minutes) must the engines be fired
How much would the required rate of return increase : Type your MFI Inc. has a beta of 1.5. The risk free rate is 8 percent and the market return is 13 percent. A new expansion project would increase the company's risk to 1.8. How much would the required rate of return increase?
Is it morally permissible to execute a murderer : Is it morally permissible to execute a murderer if he truly is remorseful and apologizes for his actions?
What was the most recent dividend per share paid on stock : Feeback Corporation stock currently sells for $32 per share. The market requires a return of 11.8 percent on the firm's stock. If the company maintains a constant 3.9 percent growth rate in dividends, what was the most recent dividend per share pa..

Reviews

Write a Review

Finance Basics Questions & Answers

  Sketching the yield curve for series of bonds

In excel, calculate interest rate for each bond. In excel, sketch the yield curve for this series of bonds.

  What are some of the most important knowledge assets

"Knowledge assets" are a firm's intangible assets, the sources and uses of its intellectual talent-its competitive advantage. What are some of the most important 'knowledge assets' that create shareholder value?

  Cumulative voting procedures

The Beasley Corporation has been experiencing declining earning, but has just announced a 50% salary increase for its top executives. A dissident group of stockholders wants to oust the existing board of directors.

  Selection of a project on the basis payback and net present

Selection of a project on the basis Payback and net present value and Which of the two projects should be chosen based on the payback method

  Computation of net cash flow from the salvage value

Computation of net cash flow from the salvage value of the fixed assets and Custom Cars purchased some fixed assets two years ago for $39,000

  What will happen to the price of the bond

What will happen to the value/price of the bond as it approaches maturity?

  What is the intrinsic value of the stock today

what is the intrinsic value of the stock today? Given the current stock price today (P0 = $16), should you buy the stock and briefly explain why or why not?

  What is the taxable equivalent yield on a municipal bond

What's the taxable equivalent yield on a municipal bond with a yield to maturity of 8.50 percent for an investor in the 28 percent marginal tax bracket? (Round your answer to 2 decimal places.)

  What is the yield that trevor would earn

what is the yield that Trevor would earn by selling the bonds today? (Round intermediate calculations to 4 decimal places, e.g. 1.2514 and final answer to 2 decimal places, e.g. 15.25%.)

  Should the company continue to manufacture product a

If it does so, unit sales would remain unchanged and $5of the$9 per unit costs assigned to Product A would be eliminated . Should the company continue to manufacture Product A or purchase Product B for resale?

  Create a profit-and-loss statement for a mcdonad franchise

Create a Profit-and-loss statement for a McDonad's franchise (sales revenues and expenses, either actual or estimated).

  Shaw for breaking of contract

On April 14, 1994, Bill Shaw, retired policeman, offered to sell Thurgood his 1965 Mustang convertible for= $1,000.

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