A firm with cost of goods sold of $8960 and inventories of $569 has an inventory...
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
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
please answer. Question 5 (1 point) A firm with cost of goods sold of $1591 and inventories of $873 has an inventory turnover ratio of ____ Round your answer to two decimal points; example 1.12. Your Answer:
Suppose that a firm has an ending inventory of $130,000 as of December 31, 2012. The accounting information for 2013 has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. Open spreadsheet Questions 1. What is the monthly inventory turnover ratio for each of the twelve months for 2013? Round your answers to two decimal places. 1. What is the monthly inventory turnover ratio for each of...
A7X Corporation has ending inventory of $698,973 and cost of goods sold for the year just ended was $4,054,513. a. What is the inventory turnover? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the days' sales in inventory? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. How long on average did a unit of inventory sit on the shelf before it was...
The King Corporation has ending inventory of $386,735, and cost of goods sold for the year just ended was $4,981,315. a.What is the inventory turnover? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)b.What is the days' sales in inventory? (Use 365 days a year. Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)c.How long on average did a unit of inventory sit on the shelf before it...
A7X Corporation has ending inventory of $625,817, and cost of goods sold for the year just ended was $9,758,345 a. What is the inventory turnover? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the days' sales in inventory? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) c. How long on average did a unit of inventory sit on the shelf before it was...
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.)
In 2013, Firm ABC’s annual inventory turns were 8.1, and its Cost of Goods Sold (COGS) was $ 521 million. What is the average inventory it holds in $ million during 2013? Round your answer to the nearest integer. For example, if your answer is $201.32 million or $201,320,000, input 201.