What is the inventory turnover ratio

Assignment Help Accounting Basics
Reference no: EM133110987

Question - Zarruk Construction's DSO is 50 days (on a 365-day basis), accounts receivable are $100 million, and its balance sheet shows inventory of $125 million. What is the inventory turnover ratio?

Reference no: EM133110987

Questions Cloud

What adjustment would mayberry advertising record : Mayberry Advertising had accounts receivable of $20,000. What adjustment would Mayberry Advertising record to establish Allowance for Uncollectible Accounts
What the cost assigned to the units transferred : Materials $1,380,000; Conversion costs $1, 530,000. What the cost assigned to the units transferred to finished goods during April
What adjustment would mercy cosmetics record allowance : At the end of the year, Mercy Cosmetics' balance of Allowance for Uncollectible Accounts is $600. What adjustment would Mercy Cosmetics record Allowance
Play in behavior and cohesiveness of the group : What are team norms, and what role do they play in behavior and cohesiveness of the group? How does the diversity of a group affect its performance?
What is the inventory turnover ratio : Zarruk Construction's DSO is 50 days (on a 365-day basis), accounts receivable are $100 million, What is the inventory turnover ratio
What are three criteria of effective teams : What are the three criteria of effective teams, as described in the textbook? How are all three evident in each of the five stages of team development?
What is the total amount of sunk cost : Breezy Company is disposing of equipment that was originally purchased for $540,000. What is the total amount of sunk cost
What is the consolidated comprehensive income : On July 1, 2020, S sold to P a used computer at a loss of P12,000. What is the consolidated comprehensive income attributable to parent
Calculate the net present value and internal rate of return : Use Excel to calculate the net present value and internal rate of return in a format similar to the Computer Application spreadsheet shown in the chapter

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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