What is the inventory turnover

Assignment Help Finance Basics

Reference no: EM13259492

The Cape Corporation has ending inventory of $484,965, and cost of goods sold for the year just ended was $4,170,699.

What is the inventory turnover?

Reference no: EM13259492

Questions Cloud

Explain resulting solution required to neutralize the excess : A 0.2527-g sample of a mixture of Mg(OH)2 and Al(OH)3 was treated with 50.00 mL of 0.225 mol L 1 HCl(aq). The resulting solution required 13.73 mL of 0.176 mol L 1 NaOH(aq) to neutralize the excess, unreacted HCl.

Acquisition of treasury stock : The acquisition of treasury stock by a subsidiary above book value

What force is applied to the driver by his seat belt : In a head-on collision, a car stops in 0.17s from a speed of 30m/s . The driver has a mass of 78kg, What force is applied to the driver by his seat belt during that fraction of a second

Calculate the magnitude of c as a function on constant x : Let a = 2 + j and b = 3 - xj be complex numbers where 'x' is an arbitrary constant. Let c = ab (i.e., complex number 'c' is the product of 'a' and 'b'). Calculate the magnitude of c as a function on constant 'x'.

What is the inventory turnover : The Cape Corporation has ending inventory of $484,965, and cost of goods sold for the year just ended was $4,170,699.

Onducted to estimate the mean amount spent : A study was conducted to estimate the mean amount spent on birthday gifts for a typical family having two children. A sample of 145 was taken.

Calculate the magnitude of this frictional force : A bullet with a mass of 4.95 g and a speed of 940 m/s penetrates a tree horizontally to a depth of 6.15 cm. Calculate the magnitude of this frictional force

What is the cost of equity after recapitalization : O'Connell & Co. expects its EBIT to be $95,000 every year forever. The firm can borrow at 8 percent. O'Connell currently has no debt, and its cost of equity is 13 percent and the tax rate is 35 percent. The company borrows $133,000 and uses the pr..

Explain a solution is initially in acetate : A solution is initially 0.050M in acetate, CH3COO- (Kb = 5.6 x 10^-10). 10.0mL of 0.10 M HCl is added. Calculate Ka for the conjugate weak acid of CH3COO-

User Account

All Pages