Inventory turnover ratio = Cost of goods sold / Inventories
Inventory turnover ratio = $1591 / $873
Inventory turnover ratio = 1.82
please answer. Question 5 (1 point) A firm with cost of goods sold of $1591 and...
Question 5 (1 point) A firm with cost of goods sold of $9752 and inventories of $515 has an inventory Round your answer to two decimal points; example 1.12 turnover ratio of Your Answer:
Question 5 (1 point) A firm with cost of goods sold of $8045 and inventories of $792 has an inventory turnover ratio of ___ Round your answer to two decimal points; example 1.12. Your Answer: Answer Question 6 (1 point) Calculate the gross profit margin for a firm with sales of $50,000,000 and cost of goods sold of $40,000,000. (Enter your answer as percentage rounded to two decimal points. For example, enter 1.53 instead of 0.0153.) Your Answer: Answer
A firm with cost of goods sold of $3745 and inventories of $714 has an inventory turnover ratio of ____ Round your answer to two decimal points; example 1.12. Your Answer: Answer
A firm with cost of goods sold of $8960 and inventories of $569 has an inventory turnover ratio of ___ Round your answer to two decimal points; example 1.12. Your Answer: Answer
Answer Question 19 (1 point) You have the following income statement data Sales Cost of goods sold (Depreciation not included) Depreciation Interest expense $910 $471 $110 S57 35% Your Answer: Answer Question 20 (1 point) Calculate the market to book ratio of a firm with a current share price of $31.29, a book value of equity of $2,000,000,000, and 95,000,000 shares outstanding. Round your answer to four decimal places Your Answer: Answer
Use the following Information: $245,eee 176,eee 54,eee 44, eee Net sales Cost of goods sold Beginning inventory Ending inventory a. Calculate the Inventory turnover ratio. (Round your answer to 1 decimal place.) Inventory turnover ratio times b. Calculate the average days In Inventory. (Assume 365 days in a year. Round your intermediate calculationss and final answer decimal place.) Average days in inventory days c. Calculate the gross profit ratio. (Round your answer to 2 decimal place.) Gross profit ratio
Dabble, Inc. has sales of $978,000 and cost of goods sold of $517,000. The firm had an average inventory of $45,000. What is the length of the days’ sales in inventory? (Use 365 days a year. Round your answer to 2 decimal places.)
Anderson Farms Company provided the following for 2018: Cost of Goods Sold (Cost of sales) Beginning Merchandise Inventory Ending Merchandise Inventory $1,200,000 300,000 630,000 Calculate the company's inventory turnover ratio for the year. (Round your answer to two decimal places.) O A. 2.58 times per year OB. 1.29 times per year O c. 1.9 times per year OD. 4 times per year
Review the video to help you answer the following question. Royer Corporation reports Cost of Goods Sold of $220,000, Ending Inventory of $28,000, Beginning Inventory of $43,000, Ending Accounts Payable of $27,000 and Beginning Accounts Payable of $17,000. What is the accounts payable turnover in days (DPO)? (Round any intermediary calculations and your final answer two decimal places, X.XX.) O A. 44.79 OB. 36.50 OC. 28.21 OD. 39.16
Net Sales Cost of goods sold Average accounts receivable for the year Accounts receivable at year-end Average inventory for the year Inventory at year-end $1,095,000 657,000 44,250 18,000 226,000 158,400 Required: a. Calculate the inventory turnover for 2019. (Round your answer to 2 decimal places.) b. Calculate the number of days' sales in inventory for 2019, using year-end inventories. (Use 365 days a year. Round your answer to 1 decimal place.) c. Calculate the accounts receivable turnover for 2019. (Round...