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willy 4. The January 28, 2017 (fiscal year 2016) financial statements of Caleres, Inc. reported me...
please show work and be neat 41. Note 3 to the 2016 financial statements of Willamette...
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41. Note 3 to the 2016 financial statements of Willamette Valley Vineyards reports that inventories consist of the following: 2016 2015 Winemaking and packaging materials $ 817,836 $ 690,292 Work-in-process 6,634,014 6,058,701 Finished goods 4,518,806 3.883.469 Total inventories $11,970,656 $10,632,462 The company reported cost of goods sold of $7,204,884 in 2016 and $7,092,111 in 2015. At December 31, 2014, Total inventories were $ 9,910,570. Compute average days inventory outstanding for both years. What does...
show work as necessary and please be neat t CarMax Inc. reports sales of $15,875,118 thousand...
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t CarMax Inc. reports sales of $15,875,118 thousand and cost of sales of $13,691,824 thousand for the year ended February 28, 2017. The gross profit for the year is: A) $2,183,294 thousand B) $1,464,362 thousand C) 86.2% D) 13.8% E) There is not enough information to determine gross profit. 39. Hauser Corporation has the following metrics for 2016. Amount in days Days sales outstanding Days payables outstanding Days inventory outstanding 2016 36.5...
show work as necessary and please be neat 34. McKinnon Enterprises owns a professional ice hockey...
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34. McKinnon Enterprises owns a professional ice hockey team, the Rockford Penguins. The company sells season tickets for its upcoming season and receives $960,000 cash. The season starts January 1, 2018, with five home games occurring monthly over the next six months. How much revenue will McKinnon Enterprises recognize from its season ticket sales through the end of April 2018? A) $480,000 B) $640,000 C) $960,000 D) $320,000 E) None of the...
show work as necessary and please be neat 18. The fiscal year-end 2016 financial statements for...
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18. The fiscal year-end 2016 financial statements for Walt Disney Co. report revenues of $55,632 million, net operating profit after tax of $9,954 million, net operating assets of $58,603 million, The fiscal year- Walt Disney's 2016 net operating profit margin is: A) 16.9% B) 12.5% C) 17.9% D) 11,7% E) There is not enough information to calculate the ratio. end 2015 balance sheet reports net operating assets of $59,079 million. 19. The...
The financial statements of ConAgra Foods, Inc.'s 2017 annual report disclose the following information. (in millio...
The financial statements of ConAgra Foods, Inc.'s 2017 annual report disclose the following information. (in millions) Year-end inventories 2017 $934.2 2016 2015 $1,044.1 $1,642.6 Fiscal Year 2017 ER 2016 $7,826.9 $8,664.1 5,484. 8 6 ,234.9 648.0 (665.9) Net sales Cost of goods sold Net income Compute ConAgra's (a) inventory turnover and (b) the average days to sell inventory for 2017 and 2016. (Round inv. decimal places, e.g. 65.) 2016 times times (a) Inventory turnover (b) Average days to sell inventory...
The financial statements of ConAgra Foods, Inc.'s 2017 annual report disclose the following information in millions)...
The financial statements of ConAgra Foods, Inc.'s 2017 annual report disclose the following information in millions) 2017 2016 2015 Year-end inventories $9342 $1,044.1 $1.6426 Fiscal Year 2017 2016 Net sales $7.826.9 $8.6641 5.4848 6.234.9 Cost of goods sold Net income 648.0 (665.9) Compute ConAgra's (a) inventory turnover and (b) the average days to sell inventory for 2017 and 2016. (Round inventory turnover to 1 decimal place, es. 7.6 and average days to sell Inventory to decimal places, s. 65.) 2017...
The financial statements of ConAgra Foods, Inc.'s 2017 annual report disclose the following information. (in millions)...
The financial statements of ConAgra Foods, Inc.'s 2017 annual report disclose the following information. (in millions) 2017 2016 2015 Year-end inventories $934.2 $1,044.1 $1,642.6 Fiscal Year Net sales 2017 2016 $7,826.9 $8,664.1 5,484.8 6,234.9 Cost of goods sold Net income 648.0 (665.9) Compute ConAgra's (a) inventory turnover and (b) the average days to sell inventory for 2017 and 2016. (Round inventory turnover to 1 decimal place, e.g. 7.6 and average days to sell inventory to 0 decimal places, e.g. 65.)...
The financial statements of ConAgra Foods, Inc.'s 2017 annual report disclose the following information. (in millions)...
The financial statements of ConAgra Foods, Inc.'s 2017 annual report disclose the following information. (in millions) 2017 2016 2015 Year-end inventories $934.2 $1,044.1 $1,642.6 Fiscal Year 2017 2016 Net sales $7,826.9 $8,664.1 Cost of goods sold 5,484.8 6,234.9 Net income 648.0 (665.9) Compute ConAgra's (a) inventory turnover and (b) the average days to sell inventory for 2017 and 2016. (Round inventory turnover to 1 decimal place, e.g. 7.6 and average days to sell inventory to 0 decimal places, e.g. 65.)...
The financial statements of ConAgra Foods, Inc.'s 2017 annual report disclose the following information (in millions)...
The financial statements of ConAgra Foods, Inc.'s 2017 annual report disclose the following information (in millions) 2017 2016 2015 Year-end inventories $934.2 $1,044.1 $1,642.6 Fiscal Year 2017 2016 Net sales $7,826.9 $8,664.1 Cost of goods sold 6,234.9 5,484.8 Net income 648.0 (665.9) Compute ConAgra's (a) inventory turnover and (b) the average days to sell inventory for 2017 and 2016. (Round inventory turnover to 1 decimal place, e.g. 7.6 and average days to sell inventory to 0 decimal places, e.g. 65.)...
The financial statements of ConAgra Foods, Inc.'s 2017 annual report disclose the following information. (in millions)...
The financial statements of ConAgra Foods, Inc.'s 2017 annual report disclose the following information. (in millions) 2017 2016 2015 Year-end inventories $934.2 $1,044.1 $1,642.6 Fiscal Year 2017 2016 Net sales $7,826.9 $8,664.1 Cost of goods sold 5,484.8 6,234.9 Net income 648.0 (665.9) Compute ConAgra's (a) inventory turnover and (b) the average days to sell inventory for 2017 and 2016. (Round inventory turnover to 1 decimal place, e.g. 7.6 and average days to sell inventory to 0 decimal places, e.g. 65.)...
please show work and be neat
41. Note 3 to the 2016 financial statements of Willamette Valley Vineyards reports that inventories consist of the following: 2016 2015 Winemaking and packaging materials $ 817,836 $ 690,292 Work-in-process 6,634,014 6,058,701 Finished goods 4,518,806 3.883.469 Total inventories $11,970,656 $10,632,462 The company reported cost of goods sold of $7,204,884 in 2016 and $7,092,111 in 2015. At December 31, 2014, Total inventories were $ 9,910,570. Compute average days inventory outstanding for both years. What does...
show work as necessary and please be neat
t CarMax Inc. reports sales of $15,875,118 thousand and cost of sales of $13,691,824 thousand for the year ended February 28, 2017. The gross profit for the year is: A) $2,183,294 thousand B) $1,464,362 thousand C) 86.2% D) 13.8% E) There is not enough information to determine gross profit. 39. Hauser Corporation has the following metrics for 2016. Amount in days Days sales outstanding Days payables outstanding Days inventory outstanding 2016 36.5...
show work as necessary and please be neat
34. McKinnon Enterprises owns a professional ice hockey team, the Rockford Penguins. The company sells season tickets for its upcoming season and receives $960,000 cash. The season starts January 1, 2018, with five home games occurring monthly over the next six months. How much revenue will McKinnon Enterprises recognize from its season ticket sales through the end of April 2018? A) $480,000 B) $640,000 C) $960,000 D) $320,000 E) None of the...
show work as necessary and please be neat
18. The fiscal year-end 2016 financial statements for Walt Disney Co. report revenues of $55,632 million, net operating profit after tax of $9,954 million, net operating assets of $58,603 million, The fiscal year- Walt Disney's 2016 net operating profit margin is: A) 16.9% B) 12.5% C) 17.9% D) 11,7% E) There is not enough information to calculate the ratio. end 2015 balance sheet reports net operating assets of $59,079 million. 19. The...
The financial statements of ConAgra Foods, Inc.'s 2017 annual report disclose the following information. (in millions) Year-end inventories 2017 $934.2 2016 2015 $1,044.1 $1,642.6 Fiscal Year 2017 ER 2016 $7,826.9 $8,664.1 5,484. 8 6 ,234.9 648.0 (665.9) Net sales Cost of goods sold Net income Compute ConAgra's (a) inventory turnover and (b) the average days to sell inventory for 2017 and 2016. (Round inv. decimal places, e.g. 65.) 2016 times times (a) Inventory turnover (b) Average days to sell inventory...
The financial statements of ConAgra Foods, Inc.'s 2017 annual report disclose the following information in millions) 2017 2016 2015 Year-end inventories $9342 $1,044.1 $1.6426 Fiscal Year 2017 2016 Net sales $7.826.9 $8.6641 5.4848 6.234.9 Cost of goods sold Net income 648.0 (665.9) Compute ConAgra's (a) inventory turnover and (b) the average days to sell inventory for 2017 and 2016. (Round inventory turnover to 1 decimal place, es. 7.6 and average days to sell Inventory to decimal places, s. 65.) 2017...
The financial statements of ConAgra Foods, Inc.'s 2017 annual report disclose the following information. (in millions) 2017 2016 2015 Year-end inventories $934.2 $1,044.1 $1,642.6 Fiscal Year Net sales 2017 2016 $7,826.9 $8,664.1 5,484.8 6,234.9 Cost of goods sold Net income 648.0 (665.9) Compute ConAgra's (a) inventory turnover and (b) the average days to sell inventory for 2017 and 2016. (Round inventory turnover to 1 decimal place, e.g. 7.6 and average days to sell inventory to 0 decimal places, e.g. 65.)...
The financial statements of ConAgra Foods, Inc.'s 2017 annual report disclose the following information. (in millions) 2017 2016 2015 Year-end inventories $934.2 $1,044.1 $1,642.6 Fiscal Year 2017 2016 Net sales $7,826.9 $8,664.1 Cost of goods sold 5,484.8 6,234.9 Net income 648.0 (665.9) Compute ConAgra's (a) inventory turnover and (b) the average days to sell inventory for 2017 and 2016. (Round inventory turnover to 1 decimal place, e.g. 7.6 and average days to sell inventory to 0 decimal places, e.g. 65.)...
The financial statements of ConAgra Foods, Inc.'s 2017 annual report disclose the following information (in millions) 2017 2016 2015 Year-end inventories $934.2 $1,044.1 $1,642.6 Fiscal Year 2017 2016 Net sales $7,826.9 $8,664.1 Cost of goods sold 6,234.9 5,484.8 Net income 648.0 (665.9) Compute ConAgra's (a) inventory turnover and (b) the average days to sell inventory for 2017 and 2016. (Round inventory turnover to 1 decimal place, e.g. 7.6 and average days to sell inventory to 0 decimal places, e.g. 65.)...
The financial statements of ConAgra Foods, Inc.'s 2017 annual report disclose the following information. (in millions) 2017 2016 2015 Year-end inventories $934.2 $1,044.1 $1,642.6 Fiscal Year 2017 2016 Net sales $7,826.9 $8,664.1 Cost of goods sold 5,484.8 6,234.9 Net income 648.0 (665.9) Compute ConAgra's (a) inventory turnover and (b) the average days to sell inventory for 2017 and 2016. (Round inventory turnover to 1 decimal place, e.g. 7.6 and average days to sell inventory to 0 decimal places, e.g. 65.)...
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