Homework Answers
Solution:
| Raw Material inventory Turover | ||||
| Choose Numerator | / | Choose Denominator | = | Raw Material inventory Turover |
| Raw Material inventory used | / | Average Raw materials inventory | = | Raw Material inventory Turover |
| $3,784 | / | $786 | = | 4.81425 |
| Days Sales in Inventory | ||||
| Choose Numerator | / | Choose Denominator | = | Days Sales in raw materialsInventory |
| Days per year | / | Raw Material inventory Turover | = | Days Sales in raw materialsInventory |
| $365 | / | 4.81425 | = | 75.82 |
Add Answer to:
QS 14-15 Raw materials inventory management LO A1 3M Co. reports beginning raw materials inventory of...
QS 14-17 Raw materials inventory management LO A1 Nestlé reports beginning raw materials inventory of 3,815...
QS 14-17 Raw materials inventory management LO A1 Nestlé reports beginning raw materials inventory of 3,815 and ending raw materials inventory of 3,499 (both numbers in millions of Swiss francs). Assume Nestlé purchased 13,860 and used 14176 (both amounts in millions of Swiss francs) in raw materials during the year. Compute raw materials inventory turnover and the number of days' sales in raw materials inventory. Complete this question by entering your answers in the tabs below. Raw Materials Days Sales...
SM Co. reports beginning raw materials inventory of $855 million and ending raw materials inventory of...
SM Co. reports beginning raw materials inventory of $855 million and ending raw materials inventory of $717 million 3M purchased $3,646 million of raw materials during the year What is the amount of raw materials it used during the year? (Enter your answer in millions.) Raw materials used million
3M Co. reports beginning raw materials inventory of $902 million and ending raw materials inventory of...
3M Co. reports beginning raw materials inventory of $902 million and ending raw materials inventory of $855 million. 3M purchased $3,646 million of raw materials during the year What is the amount of raw materials it used during the year? (Enter your answer in millions.) Raw materials used million Required information [The following information applies to the questions displayed below.] The following data is provided for Garcon Company and Pepper Company. Garcon Реpper Company 16,450 Company 12,000 14,500 7,250 27,000...
ity Col x Business Administration - Ivy Tex McGraw-Hill Connect X MO1 Ch 14 Optional Practice...
ity Col x Business Administration - Ivy Tex McGraw-Hill Connect X MO1 Ch 14 Optional Practice X M MHE Reader wewconnect.mheducation.com/flow/connect.html Optional Practice Saved 3M Co. reports beginning raw materials inventory of $930 million and ending raw materials inventory of $880 million. 3M purchased $3,956 million of raw materials and used $4,006 million of raw materials during the year. Compute raw materials inventory turnover and the number of days' sales in raw materials inventory. (Use 365 days per year. Enter...
Chapter 18 Managerial Accounting Concepts and Principles Compute cost of goods sold using the following information...
Chapter 18 Managerial Accounting Concepts and Principles Compute cost of goods sold using the following information sold Finished goods inventory beginning ............ Cost of goods manufactured ..... 5500 4,000 Finished goods inventory ending Compute cost of goods sold using the following information .. Finished goods inventory beginning.... Work in process inventory beginning...... Work in process inventory ending $345.000 83.500 72.100 Cost of goods manufactured... Finished goods inventory ending........ 5918,700 283.600 Prepare the schedule of cost of goods manufactured for Barton...
QS 8-15 Computing total asset turnover LO A1 Aneko Company reports the following: net sales of $19,000 for Year 2 and $...
QS 8-15 Computing total asset turnover LO A1 Aneko Company reports the following: net sales of $19,000 for Year 2 and $18,050 for Year 1; end-of-year total assets of $18,600 for Year 2 and $17,400 for Year 1. (1) Compute its total asset turnover for Year 2. Choose Numerator 1 Total asset turnover Choose Denominator: = Total asset turnover Total asset turnover 0 times (2) Aneko's competitor has a Total Asset Turnover 2.0. Is Aneko performing better or worse than...
HW-CH 9 QS 9-12 Times interest earned LO A1 Park Company reports interest expense of $145,000 and income before int...
HW-CH 9 QS 9-12 Times interest earned LO A1 Park Company reports interest expense of $145,000 and income before interest expense and income taxes of $1.885,000 (1) Compute its times interest earned (2) Park's competitor's times interest earned is 4.0. Is Park in a better or worse position than its competitor to make interest payments if the economy turns bad? References Complete this question by entering your answers in the tabs below. Required i Required 2 Compute its times interest...
Required information (The following information applies to the questions displayed below.] A food manufacturer reports the...
Required information (The following information applies to the questions displayed below.] A food manufacturer reports the following for two of its divisions for a recent year. ($ millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,697 2,611 2,699 367 Cheese Division $4,490 4,418 3,943 652 1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2...
A food manufacturer reports the following for two of its divisions for a recent year. ($millions)...
A food manufacturer reports the following for two of its
divisions for a recent year.
($millions)
Beverage Division
Cheese Division
Invested assets, beginning
$
2,672
$
4,465
Invested assets, ending
2,598
4,405
Sales
2,686
3,930
Operating income
354
639
1. Compute return on investment.
2. Compute profit margin.
3. Compute investment turnover for the year.
Complete this question by entering your answers in the tabs below. Required 1 Required 3 Required 2 Compute return on investment. (Enter your answers in...
Use the following information for the Exercises below. [The following information applies to the questions displayed...
Use the following information for the Exercises below. [The following information applies to the questions displayed below) A food manufacturer reports the following for two of its divisions for a recent year Beverage Division $2,701 2,613 2.701 369 Cheese Division $4,494 (Sillions) Invested assets, beginning Invested assets, ending sales Operating income 4,420 3,945 Exercise 9-12 Return on investment LO A1, A2 1. Compute return on investment 2. Compute profit margin. 3. Compute investment turnover for the year. Complete this question...
QS 14-17 Raw materials inventory management LO A1 Nestlé reports beginning raw materials inventory of 3,815 and ending raw materials inventory of 3,499 (both numbers in millions of Swiss francs). Assume Nestlé purchased 13,860 and used 14176 (both amounts in millions of Swiss francs) in raw materials during the year. Compute raw materials inventory turnover and the number of days' sales in raw materials inventory. Complete this question by entering your answers in the tabs below. Raw Materials Days Sales...
SM Co. reports beginning raw materials inventory of $855 million and ending raw materials inventory of $717 million 3M purchased $3,646 million of raw materials during the year What is the amount of raw materials it used during the year? (Enter your answer in millions.) Raw materials used million
3M Co. reports beginning raw materials inventory of $902 million and ending raw materials inventory of $855 million. 3M purchased $3,646 million of raw materials during the year What is the amount of raw materials it used during the year? (Enter your answer in millions.) Raw materials used million Required information [The following information applies to the questions displayed below.] The following data is provided for Garcon Company and Pepper Company. Garcon Реpper Company 16,450 Company 12,000 14,500 7,250 27,000...
ity Col x Business Administration - Ivy Tex McGraw-Hill Connect X MO1 Ch 14 Optional Practice X M MHE Reader wewconnect.mheducation.com/flow/connect.html Optional Practice Saved 3M Co. reports beginning raw materials inventory of $930 million and ending raw materials inventory of $880 million. 3M purchased $3,956 million of raw materials and used $4,006 million of raw materials during the year. Compute raw materials inventory turnover and the number of days' sales in raw materials inventory. (Use 365 days per year. Enter...
Chapter 18 Managerial Accounting Concepts and Principles Compute cost of goods sold using the following information sold Finished goods inventory beginning ............ Cost of goods manufactured ..... 5500 4,000 Finished goods inventory ending Compute cost of goods sold using the following information .. Finished goods inventory beginning.... Work in process inventory beginning...... Work in process inventory ending $345.000 83.500 72.100 Cost of goods manufactured... Finished goods inventory ending........ 5918,700 283.600 Prepare the schedule of cost of goods manufactured for Barton...
QS 8-15 Computing total asset turnover LO A1 Aneko Company reports the following: net sales of $19,000 for Year 2 and $18,050 for Year 1; end-of-year total assets of $18,600 for Year 2 and $17,400 for Year 1. (1) Compute its total asset turnover for Year 2. Choose Numerator 1 Total asset turnover Choose Denominator: = Total asset turnover Total asset turnover 0 times (2) Aneko's competitor has a Total Asset Turnover 2.0. Is Aneko performing better or worse than...
HW-CH 9 QS 9-12 Times interest earned LO A1 Park Company reports interest expense of $145,000 and income before interest expense and income taxes of $1.885,000 (1) Compute its times interest earned (2) Park's competitor's times interest earned is 4.0. Is Park in a better or worse position than its competitor to make interest payments if the economy turns bad? References Complete this question by entering your answers in the tabs below. Required i Required 2 Compute its times interest...
Required information (The following information applies to the questions displayed below.] A food manufacturer reports the following for two of its divisions for a recent year. ($ millions) Invested assets, beginning Invested assets, ending Sales Operating income Beverage Division $2,697 2,611 2,699 367 Cheese Division $4,490 4,418 3,943 652 1. Compute return on investment. 2. Compute profit margin. 3. Compute investment turnover for the year. Complete this question by entering your answers in the tabs below. Required 1 Required 2...
A food manufacturer reports the following for two of its
divisions for a recent year.
($millions)
Beverage Division
Cheese Division
Invested assets, beginning
$
2,672
$
4,465
Invested assets, ending
2,598
4,405
Sales
2,686
3,930
Operating income
354
639
1. Compute return on investment.
2. Compute profit margin.
3. Compute investment turnover for the year.
Complete this question by entering your answers in the tabs below. Required 1 Required 3 Required 2 Compute return on investment. (Enter your answers in...
Use the following information for the Exercises below. [The following information applies to the questions displayed below) A food manufacturer reports the following for two of its divisions for a recent year Beverage Division $2,701 2,613 2.701 369 Cheese Division $4,494 (Sillions) Invested assets, beginning Invested assets, ending sales Operating income 4,420 3,945 Exercise 9-12 Return on investment LO A1, A2 1. Compute return on investment 2. Compute profit margin. 3. Compute investment turnover for the year. Complete this question...
Most questions answered within 3 hours.
-
A. 0≤P(Oi)≤10≤P(Oi)≤1 for each i
B. P(Oi)≤0P(Oi)≤0
C. P(Oi)=1+P(OCi)P(Oi)=1+P(OiC)
D. P(Oi)≥1P(Oi)≥1
If an experiment consists of...
asked 48 minutes ago -
A battery has an emf of 9.20V and an internal resistance of 1.20
ohm. a)What resistance...
asked 45 minutes ago -
The area of an elastic circular loop decreases at a constant
rate, dA/dt = −6.60×10−3 m2/s...
asked 1 hour ago -
The denaturation of proteins can be described by the
equilibrium
F⇌U
where F and U represent...
asked 3 hours ago -
Please answer what the maximum and minimum force is, and the
angle on the ion is...
asked 3 hours ago -
implement a program that reads a number of rows and a symbol.
The program will draw...
asked 3 hours ago -
Assume that when adults with smartphones are randomly selected,
45% use them in meetings or classes....
asked 3 hours ago -
Determine the number of formula units of
Na2SO4 and moles of oxygen contained in 8.11
moles...
asked 3 hours ago -
Explain in steps on the following code
What would be the output when executed
using System;...
asked 3 hours ago -
Given the information in the table, which of the following
statements is CORRECT?
Stock A
Stock...
asked 3 hours ago -
Write MARIE assembly language programs that do the following:
Write a program that inputs an integer...
asked 3 hours ago -
Explain an understanding of services and protocols.
Explain the job of DNS.
Explain the three email...
asked 4 hours ago