Homework Answers
Request Answer!
We need at least 8 more requests to produce the answer.
2 / 10 have requested this problem solution
The more requests, the faster the answer.
Add Answer to:
Suppose at December 31 of a recent year, the following information in thousands) was available for...
Suppose at December 31 of a recent year, the following information (in thousands) was available for...
Suppose at December 31 of a recent year, the following
information (in thousands) was available for sunglasses
manufacturer Oakley Inc.: ending inventory
$175,000; beginning inventory $119,000; cost of goods sold $414,540
and sales revenue $773,000.
Calculate the inventory turnover for Oakley, Inc.
(Round inventory turnover to 2 decimal places, e.g.
5.12.)
Inventory turnover
enter inventory turnover ratio rounded to 2 decimal places
times
Calculate the days in inventory for Oakley, Inc.
(Round days in inventory to 0 decimal places, e.g....
Brief Exercise 6-10 Suppose at December 31 of a recent year, the following information in thousands)...
Brief Exercise 6-10 Suppose at December 31 of a recent year, the following information in thousands) was available for sunglasses manufacturer Caldey Inc.: ending invento $167,000; beginning inventory $124,000; cost of goods sold $369,570 and sales revenue $781,000. Calculate the inventory turnover for Oakley, Inc. (Round Inventory turnover to 2 decimal places, e.g. 5.12.) dy Inventory turnover times SHOW LIST OF ACCOUNTS LINK TO TEXT Calculate the days in Inventory for Oakley, Inc. (Round days in inventory to o decimal...
At December 31, 2022, the following information (in thousands) was available for Flounder Inc.: ending inventory...
At December 31, 2022, the following information (in thousands) was available for Flounder Inc.: ending inventory $22,600; beginning inventory $21,200; cost of goods sold $175,200, and sales revenue $445,000. Calculate the inventory turnover and days in inventory for Flounder. (Round answers to 1 decimal places, e.g. 15.2. Use 365 days for calculation.)
The following information is available for Marin Inc. for three recent fiscal years. 2017 &nb
The following information is available for Marin Inc. for three recent fiscal years. 2017 2016 2015 Inventory $546,328 $571,700 $326,238 Net sales 1,934,372 1,695,980 1,327,594 Cost of goods sold 1,554,675 1,312,366 964,008 Calculate the inventory turnover, days in inventory, and gross profit rate for 2017 and 2016. (Round inventory turnover to 1 decimal place, e.g. 5.2, days in inventory to 0 decimal places, e.g. 125 and gross profit rate to 1 decimal place, e.g. 5.2%.)
The following information is available for Gildan Activewear Inc., headquartered in Montreal, for three recent fiscal...
The following information is available for Gildan Activewear Inc., headquartered in Montreal, for three recent fiscal years (in US. $ thousands) 2016 2014 2015 Inventory 851,033 $779,407 $595.794 Net sales 2,959,238 2,359,994 2.284,303 Cost of goods sold 2,229,130 1701,311 1,550,266 Part 1 Calculate the inventory turnover, days in inventory.and gross profit margin for 2016 and 2015, (Round inventory turnover and current ratio to 1 decimal place, eg. 15.2. Round days in inventory to nearest day. Use 365 days for calculation.)...
At December 31, 2017, the following information was available for A. Kamble Company: ending inventory $38,250,...
At December 31, 2017, the following information was available for
A. Kamble Company: ending inventory $38,250, beginning inventory
$58,500, cost of goods sold $273,000, and sales revenue
$366,000.
A) Calculate inventory turnover for A. Kamble Company.
(Round answer to 1 decimal place, e.g.
1.5.)
Inventory turnover
times
B) Calculate days in inventory for A. Kamble Company.
(Round answer to 1 decimal place, e.g. 1.5. Use 365
days for calculation.)
Days in inventory
$
days
This information is available for Culver Inc. for 2021 and 2022. (in millions) 2021 2022 Beginning...
This information is available for Culver Inc. for 2021 and 2022. (in millions) 2021 2022 Beginning inventory Ending inventory $2,239 $2,442 2,442 2,958 24,943 23,259 Cost of goods sold Sales 43,441 42,427 Calculate the inventory turnover, days in inventory, and gross profit rate for Culver Inc. for 2021 and 2022. (Round gross profit rate to 2 decimal places, eg. 0.25 and all other answers to 1 decimal place, e.g. 15.2. Use 365 days for calculation.) 2021 2022 Inventory turnover ratio...
Exercise 6-12 a x Your answer is incorrect. Try again. The following information is available for...
Exercise 6-12 a x Your answer is incorrect. Try again. The following information is available for Shamrock, Inc. for three recent fiscal years. Inventory Net sales Cost of goods sold 2022 $565,000 1,980,000 1,257,300 2021 $578,000 1,775,000 1,061,450 2020 $345,000 1,345,000 941,000 (a) Calculate the inventory turnover, days in inventory, and gross profit rate for 2022 and 2021. (Round inventory turnover to 1 decimal place, e.g. 5.2, days in inventory to o decimal places, e.g. 125 and gross profit rate...
Exercise 6-12 The following information is available for Cullumber Company for three recent fiscal years. Inventory...
Exercise 6-12 The following information is available for Cullumber Company for three recent fiscal years. Inventory Net sales Cost of goods sold 2017 $562,811 1,978,222 1,560,073 2016 $569,532 1,746,610 1,309,350 2015 $325,890 1,300,667 940,444 Calculate the inventory turnover, days in inventory, and gross profit rate for 2017 and 2016. (Round inventory turnovel decimal places, e.g. 125 and gross profit rate to I decimal place, e.g. 5.296.) 2017 2016 Inventory Turnover times times Days in Inventory days days Gross Profit Rate...
Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022. (in millions) Beginning...
Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022. (in millions) Beginning inventory Ending inventory 2020 2021 2022 $1,800 $2,300 $2,600 2,300 2,600 2,700 Cost of goods sold 18,450 21,805 21,730 Sales revenue 40,200 47,200 47,140 Calculate the inventory turnover for 2020, 2021, and 2022. (Round inventory turnover to 1 decimal place, e.g. 5.1.) 2020 2021 2022 Inventory turnover times times times e Textbook and Media Calculate the days in inventory for 2020, 2021, and 2022....
Suppose at December 31 of a recent year, the following
information (in thousands) was available for sunglasses
manufacturer Oakley Inc.: ending inventory
$175,000; beginning inventory $119,000; cost of goods sold $414,540
and sales revenue $773,000.
Calculate the inventory turnover for Oakley, Inc.
(Round inventory turnover to 2 decimal places, e.g.
5.12.)
Inventory turnover
enter inventory turnover ratio rounded to 2 decimal places
times
Calculate the days in inventory for Oakley, Inc.
(Round days in inventory to 0 decimal places, e.g....
Brief Exercise 6-10 Suppose at December 31 of a recent year, the following information in thousands) was available for sunglasses manufacturer Caldey Inc.: ending invento $167,000; beginning inventory $124,000; cost of goods sold $369,570 and sales revenue $781,000. Calculate the inventory turnover for Oakley, Inc. (Round Inventory turnover to 2 decimal places, e.g. 5.12.) dy Inventory turnover times SHOW LIST OF ACCOUNTS LINK TO TEXT Calculate the days in Inventory for Oakley, Inc. (Round days in inventory to o decimal...
The following information is available for Gildan Activewear Inc., headquartered in Montreal, for three recent fiscal years (in US. $ thousands) 2016 2014 2015 Inventory 851,033 $779,407 $595.794 Net sales 2,959,238 2,359,994 2.284,303 Cost of goods sold 2,229,130 1701,311 1,550,266 Part 1 Calculate the inventory turnover, days in inventory.and gross profit margin for 2016 and 2015, (Round inventory turnover and current ratio to 1 decimal place, eg. 15.2. Round days in inventory to nearest day. Use 365 days for calculation.)...
At December 31, 2017, the following information was available for
A. Kamble Company: ending inventory $38,250, beginning inventory
$58,500, cost of goods sold $273,000, and sales revenue
$366,000.
A) Calculate inventory turnover for A. Kamble Company.
(Round answer to 1 decimal place, e.g.
1.5.)
Inventory turnover
times
B) Calculate days in inventory for A. Kamble Company.
(Round answer to 1 decimal place, e.g. 1.5. Use 365
days for calculation.)
Days in inventory
$
days
This information is available for Culver Inc. for 2021 and 2022. (in millions) 2021 2022 Beginning inventory Ending inventory $2,239 $2,442 2,442 2,958 24,943 23,259 Cost of goods sold Sales 43,441 42,427 Calculate the inventory turnover, days in inventory, and gross profit rate for Culver Inc. for 2021 and 2022. (Round gross profit rate to 2 decimal places, eg. 0.25 and all other answers to 1 decimal place, e.g. 15.2. Use 365 days for calculation.) 2021 2022 Inventory turnover ratio...
Exercise 6-12 a x Your answer is incorrect. Try again. The following information is available for Shamrock, Inc. for three recent fiscal years. Inventory Net sales Cost of goods sold 2022 $565,000 1,980,000 1,257,300 2021 $578,000 1,775,000 1,061,450 2020 $345,000 1,345,000 941,000 (a) Calculate the inventory turnover, days in inventory, and gross profit rate for 2022 and 2021. (Round inventory turnover to 1 decimal place, e.g. 5.2, days in inventory to o decimal places, e.g. 125 and gross profit rate...
Exercise 6-12 The following information is available for Cullumber Company for three recent fiscal years. Inventory Net sales Cost of goods sold 2017 $562,811 1,978,222 1,560,073 2016 $569,532 1,746,610 1,309,350 2015 $325,890 1,300,667 940,444 Calculate the inventory turnover, days in inventory, and gross profit rate for 2017 and 2016. (Round inventory turnovel decimal places, e.g. 125 and gross profit rate to I decimal place, e.g. 5.296.) 2017 2016 Inventory Turnover times times Days in Inventory days days Gross Profit Rate...
Suppose this information is available for PepsiCo, Inc. for 2020, 2021, and 2022. (in millions) Beginning inventory Ending inventory 2020 2021 2022 $1,800 $2,300 $2,600 2,300 2,600 2,700 Cost of goods sold 18,450 21,805 21,730 Sales revenue 40,200 47,200 47,140 Calculate the inventory turnover for 2020, 2021, and 2022. (Round inventory turnover to 1 decimal place, e.g. 5.1.) 2020 2021 2022 Inventory turnover times times times e Textbook and Media Calculate the days in inventory for 2020, 2021, and 2022....
Most questions answered within 3 hours.
-
Each protein is composed of a maximum of ____________ different
amino acids in varying numbers and...
asked 4 minutes ago -
The mayor of a town has proposed a plan for the construction of
a new community....
asked 15 minutes ago -
2. KopyKat is a firm that specializes in printing business cards
using the latest laser technology....
asked 34 minutes ago -
What type of stock pays dividends in arrears?
A.
Nonminus−cumulative
preferred stock
B.
Cumulative preferred stock...
asked 32 minutes ago -
Discuss what issues you see as needing to be addressed in an
organization in order to...
asked 34 minutes ago -
Why does varying input frequency to a buck converter affect the
magnitude of the output voltage...
asked 37 minutes ago -
Given the following reduction half-reactions:
Fe3+(aq)+e−→Fe2+(aq)
E∘red=+0.77V
S2O2−6(aq)+4H+(aq)+2e−→2H2SO3(aq)
E∘red=+0.60V
N2O(g)+2H+(aq)+2e−→N2(g)+H2O(l)
E∘red=−1.77V
VO+2(aq)+2H+(aq)+e−→VO2+(aq)+H2O(l)
E∘red=+1.00V
Write balanced chemica
asked 38 minutes ago -
Consider a random variable X with PDF given by f(x)=1/10 for x =
0, 1, 2,...,9....
asked 36 minutes ago -
This is QA Tester's task
What was the most heinous bug that you let slip through?...
asked 49 minutes ago -
What is the chemical equation (with states) for this
reaction in balanced and unbalanced form?
In...
asked 53 minutes ago -
In engineering and product design, it is important to consider
the weights of people so that...
asked 58 minutes ago -
The first-order decomposition of N2O5 at 328 K has a rate
constant of 1.70 × 10-3...
asked 1 hour ago