User Account

All Pages

What the Clarissa company inventory turnover ratio

Assignment Help Accounting Basics
Reference no: EM133096557

Question - During the year that ended December 31, Clarissa sold goods that cost $67,800, her expenses totaled $8,125 and her freight-in totaled $4,800. Her company's average stock of goods during the same period was $13,432. What the Clarissa's company's inventory turnover ratio?

a) 4.09

b) 5.05

c) 4.80

d) 4.44

Reference no: EM133096557

Questions Cloud

Examine marketing practices in a foreign environment : 1. Examine marketing practices in a foreign environment 2. Discuss the impact of culture on the marketing mix and distribution channels
Prepare a budget showing the quantity of material : Prepare a budget showing the quantity of material to be purchased each month for July, August and September and in total for the quarter
What is bonita adjusted cash balance on april : At April 30, Bonita Company has the following bank information: cash balance per bank $2270; What is Bonita adjusted cash balance on April
What journal entry does swifty make : Swifty Furniture factors its receivables regularly with Cullumber. What journal entry does Swifty make when factoring these receivables
What the Clarissa company inventory turnover ratio : Her company's average stock of goods during the same period was $13,432. What the Clarissa's company's inventory turnover ratio
Determine the Bonita adjusted cash balance : Return of customer's check not sufficient funds, 8/30/20 2480. At August 31, 2020, determine the Bonita's adjusted cash balance
What amount does Waterway Clinic record as the cost : The title and attorney fees totaled $1200. The clinic has the land graded for $1800. What amount does Waterway Clinic record as the cost for the land
Determine the entry by Vaughn on July : On July 9, Vaughn Company sells goods on credit to Ivanhoe Company for $4900, terms 2/10, n/60. Determine the entry by Vaughn on July
What was the amount of outstanding checks on November : Waterway Company wrote checks totaling $34080 during October and $36920 during November. What was the amount of outstanding checks on November

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.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  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!

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