Question

s homework: Chapter 11 Homework core: 0 of 1 pt 16 of 18 (15 complete) HW Score: 83.33%, 15 of 18 Problem 11.5 Question Help
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Inventoryturnover = Costof Sales Inventory

Inventory turnover = 19180/1240 = 15.47

Add a comment
Know the answer?
Add Answer to:
s homework: Chapter 11 Homework core: 0 of 1 pt 16 of 18 (15 complete) HW...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • This Question: 10 pts 25 of 27 (25 complete) This Quiz: 70 pls possible hes to...

    This Question: 10 pts 25 of 27 (25 complete) This Quiz: 70 pls possible hes to compare its inventory tumover to those of industry leaders, who have turnover of about 13 times per year and 8% of their assets invested in inventory Baker Míg. Inc. Net Revenue Cost of sales Inventory Total assets $27,500 $21,120 $1,260 $16,380 a) What is Baker's inventory turnover? times per year (round your response to two decimal places) b) What is Baker's percent of assets...

  • Savi Homework: Chapter 22 HW core: 0 of 1 pt 10 of 11 (2 complete) HW Score: 16.78%, 1.85 of 11 -22-16 (similar to)...

    Savi Homework: Chapter 22 HW core: 0 of 1 pt 10 of 11 (2 complete) HW Score: 16.78%, 1.85 of 11 -22-16 (similar to) Question Help Jefferson Company has budgeted purchases of merchandise inventory of $458,750 in January and $531,000 in February. Assume Jefferson pays for inventory purchases 40% in the month of the purchase and 60% in the month after purchase. The Accounts Payable balance on December 31 is $98,275. Prepare a schedule of cash payments for purchases for...

  • Homework: Chapter 9 Homework core: 0 of 1 pt 1 of 11 (0 complete) 9-1 (similar...

    Homework: Chapter 9 Homework core: 0 of 1 pt 1 of 11 (0 complete) 9-1 (similar to) HW Score: 0%, 0 of 1 Question Help Daily Enterprises is purchasing a $9.7 million machine. It will cost $52,000 to transport and install the machine. The machine has a depreciable life of five years and will have no salvage value. If Daily uses straight-line depreciation, what are the depreciation expenses associated with this machine? The yearly depreciation expenses are 5 (Round to...

  • Homework: Chapter 15 HW B Save core: 0 of 1 pt 4 of 4 (3 complete)...

    Homework: Chapter 15 HW B Save core: 0 of 1 pt 4 of 4 (3 complete) HW Score: 75%, 3 of 4 p D-21 (similar to) Question Help Data for Newton State Bank follow: (Click the icon to view the data.) Evaluate the common stock of Newton State Bank as an investment. Specifically, use the three stock ratios to determine whether the common stock has increased or decreased in attractiveness during the past year. Round to two decimal places. Begin...

  • or nework. Chapter 2 Homework (MICO core: 0 of 1 pt 13 of 18 (14 3)...

    or nework. Chapter 2 Homework (MICO core: 0 of 1 pt 13 of 18 (14 3) Usig the pone drawing tol, show a prodution port that is attarable but not eficient Libel it gr Peas (mions of bushels per

  • тогтоосон. огирлы т опе оvок (оору) core: 0 of 1 pt 15 of 18 (14 complete)...

    тогтоосон. огирлы т опе оvок (оору) core: 0 of 1 pt 15 of 18 (14 complete) HW Score: 76.39%, 13.75 of 18 7-20 (similar to) Question Help Assume Highline Company has just paid an annual dividend of $1.05. Analysts are predicting an 11.6% per year growth rate in earnings over the next five years. After then, Highline's earnings are expected to grow at the current industry average of 5.6% per year. If Highline's equity cost of capital is 8.6% per...

  • Score: 0 of 1 pt 18 of 18 (11 complete) HW Score: 50%, 5.3.19-T Question A...

    Score: 0 of 1 pt 18 of 18 (11 complete) HW Score: 50%, 5.3.19-T Question A researcher wishes to estimate, with 95% confidence, the population proportion of adults who eat fast food four to six times per week. Her estimate must be accurate within 2% of the population proportion. (a) No preliminary estimate is available. Find the minimum sample size needed. (b) Find the minimum sample size needed, using a prior study that found that 32% of the respondents said...

  • TUI US OPPIVALUIT IU DIRTUAL core: 0 of 1 pt 10 of 15 (11 complete) HW...

    TUI US OPPIVALUIT IU DIRTUAL core: 0 of 1 pt 10 of 15 (11 complete) HW Score: 49.6%, 7.44 of 15 pts X 6.6.9-T Question Help e s Use a normal oximation to find the probability of the indicated number of voters. In this case, assume that 166 eligible voters aged 18-21 are randomly selected our Suppose a previous study showed that among eligible voters aged 18-24.22% of the voted Probability that fewer than 43 voted The probably that fewer...

  • Homework: Chapter 7 HW Save Score: 0 of 1 pt 15 of 22 (3 complete) HW...

    Homework: Chapter 7 HW Save Score: 0 of 1 pt 15 of 22 (3 complete) HW Score: 13.64%, 3 of 22 pts Problem 7-5 (similar to) Question Help (Bond valuation) At the beginning of the year, you bought a $1,000 par value corporate bond with an annual coupon rate of 9 percent and a maturity date of 11 years. When you bought the bond, I had an expected yield to maturity of 12 percent. Today the bond sells for $940...

  • Homework: ASSESS Chapter 12 Homework Save Score: 0 of 1 pt 10 of 18 (17 complete) HW Score: 75%, 13.5 of 18 pts ab...

    Homework: ASSESS Chapter 12 Homework Save Score: 0 of 1 pt 10 of 18 (17 complete) HW Score: 75%, 13.5 of 18 pts ab Concept: Economic/Accounting Profit 1 Question Help Cou Suppose a farmer in Georgia begins to grow peaches. He uses $1,000,000 in savings to purchase land, he rents equipment for $70,000 a year, and he pays workers $130,000 in wages. In return, he produces 250,000 baskets of peaches per year, which sell for $3.00 each. Suppose the interest...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT