User Account

All Pages

What is the inventory turnover

Assignment Help Financial Accounting
Reference no: EM132984504

Question - The quick ratio is 1.7 while the current ratio is 2.5. The current liabilities amount to 5000. Cost of Goods sold is 52500. What is the inventory turnover? Average age of inventory?

Reference no: EM132984504

Questions Cloud

What would be the total relevant costs to make the part : Assume that direct labour is an avoidable cost in this decision. In deciding whether to make or buy the part, what would be the total relevant costs to make
How much is the balance of allowance for loan impairment : On January 1, 2020, Tigreal Bank granted a 10%, P3,000,000 loan to Kagura Company. How much is the balance of allowance for loan impairment
Explain why a study of labour relations is important : Explain why a study of labour relations is important to a prospective relations practioner
What is the growth rate of the expected annual dividend : Compute the current dividend yield. What is the growth rate of the expected annual dividend after year two? Assume the required rate of return is 15%
What is the inventory turnover : The quick ratio is 1.7 while the current ratio is 2.5. The current liabilities amount to 5000. Cost of Goods sold is 52500. What is the inventory turnover
Calculate income effect of the dividends on preferred shares : The net income for the year ended December 31, 2020 was $410,000. Calculate income effect of the dividends on preferred shares
What is the maximum purifier should pay for intelair : The all-inclusive cost of sensor production is $700/unit. Purifier currently uses a discount rate of 10%. What is the maximum Purifier should pay for IntelAir
Find the amount of joint costs allocated : Assuming no further processing work is done after the split off point, the amount of joint costs allocated to commercial building lumber (CBL)
What is the sale price : Problem - An item that normally sells for $220 is marked down by 40%. What is the sale price

Reviews

Write a Review

Financial Accounting Questions & Answers

  How allocate the expense of mothballing

Accountants Ana Alicia and Ed Bradley argue whether it is better to allocate the expense of mothballing over the next 20 years or ignore it until mothballing

  Use the gross method of accounting for sales discounts

Make all journal entries necessary to record both the sales and the cash collections. Use the gross method of accounting for sales discounts.

  Prepare the necessary adjusting entries for logan company

Prepare the necessary adjusting entries for Logan Company at May 31, 2018. On May 31, 2018, James Logan Company had a cash balance per books of $6,781.50.

  Is the still true in the case of hysteresis

Is this still true in the case of hysteresis? Normally we think of the factors that cause the AD curve to shift as different from the factors

  What would be the amount growth in year six

Assuming the rate of growth over the past 5 years what would be the $ amount growth in year 6 which would be more than year 5.

  Compare copper and aluminum as the materials

Compare copper and aluminum as the materials for ordinary utility conductors to be used in construction and all types of machinery. Use the cost data for metals from today's wall street journal, where the price of copper is given in $/lb and the pric..

  Determine the eoq for stephens business

Determine the EOQ for Stephens's business. Stephen owns an importing wholesaler selling tilapia fish fillets that are imported from Uganda to South Africa.

  Consistent execution of a document destruction policy

Which of the following statements is true? Consistent execution of a document destruction policy justifies destruction of subpoenaed documents. Hand-written notes supporting typed documents may be destroyed after the typed documents are identified in..

  Find what would be the value of the bonds on december

Find What would be the value of the bonds on December 31, 2018, if the interest rates had risen to 16%? Based on the price of the bond.

  Calculate tax depreciation and make an adjustment

calculates book depreciation under the straight line method. You will need to calculate tax depreciation and make an adjustment to the financial statements

  Determine how much is charliecurrent ratio

Determine How much is Charliecurrent ratio? (Round your answer to two decimal places.). A partial list shows that Charles Corporation's adjusted trial balance

  Do think should recognize a liability for the warrantees

Suppose that Gamesa also issues warranties on the wind turbines they sell. Do you think they should recognize a liability for the warrantees outstanding?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd