What was their inventory turnover for the year and what was

Assignment Help Accounting Basics

Reference no: EM13394894

Jason Enterprises began the 2007 year with an Inventory Balance of $266,590 and ended the year with an Inventory Balance of $295,780. Their Cost-of-Goods-Sold for the year was $4,568,750. What was their Inventory Turnover for the year and what was their DSO (Days Sales Outstanding) in Inventory at Year-end?

Reference no: EM13394894

Questions Cloud

Recognize the factors which lead to change in supply and : write an article concerning trends in consumption patterns.prepare a 1050-1400-word paper in which youdefine economics

If demand falls to 40000 units and the company wants to : the radek company uses cost-plus pricing with a 30 mark-up. the company is currently selling 80000 units at 65 per

Xyz company produces models x y z model x incurs 50000 in : xyz company produces models x y z. model x incurs 50000 in labor costs and 60000 in direct material costs. xyz company

Shavon company consists of total fixed costs of 6000000 and : shavon company has total fixed costs of 6000000 and total variable cost of 3000000 at a volume level of 300000 units.

What was their inventory turnover for the year and what was : jason enterprises began the 2007 year with an inventory balance of 266590 and ended the year with an inventory balance

A shipment of consignment material for your company store : the metro company has 248655 in ending inventory on their books at their december 31 year-end with the following

Identify the best value discipline generic strategy and : write a paper of 1400 words that evaluates alternatives an organization must consider to realize growth.1.identify the

Compute depreciation a machine cost 500000 on april 1 2008 : calculate depreciation. a machine cost 500000 on april 1 2008. its estimated salvage value is 50000 and its expected

What have been the impacts of organizations who have : michael porter was a business researcher who made popular the concept of a value chain that is common to most business

Reviews

Write a Review

Required(*) Message

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

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

User Account

All Pages