What is the firm dayss sales in inventory

Assignment Help Finance Basics
Reference no: EM13262835

Gateway Corp. has an inventory turnover ratio of 5.6. What is the firm's days's sales in inventory?

65.2 days
61.7 days
57.9 days
64.3 days

 

Reference no: EM13262835

Questions Cloud

Explain what is the maximum concentration of f : A sample of hard water contains about 2.0x10-3MCa2+. A soluble fluoride-containing salt such as NaF is added to "fluoridate" the water. What is the maximum concentration of F- that can be present without precipitation CaF2? Ksp of CaF2=5.3x10^-11.
Find the voltage reflection coefficient of transmission line : A lossless transmission line, with characteristic impedance of 50Ω and eletrical length of l=0.27λ, is terminated by load impedance 40-j25Ω. Determine voltage reflection coefficient.
Vrio analysis to determine whether entry is supported : Determine which institutional and risk factors must be considered and whether they support entry or not and conduct a VRIO analysis to determine whether entry is supported.
Alcohols ethanol-butanol and isopropanol are best described : The alcohols ethanol, butanol, and isopropanol are best described how?
What is the firm dayss sales in inventory : Gateway Corp. has an inventory turnover ratio of 5.6. What is the firm's days's sales in inventory?
Explain what is the formal charge on carbon : In the COCl2 molecule, carbon is the central atom. Based on the best Lewis structure for COCl2, what is the formal charge on carbon
Explain how the peg must be maintained : Further discuss the ability of central banks to manage domestic economic problems while maintaining a pegged exchange rate?
Find out the open circuit voltage-v of the cell : Consider a 6 cm2 dye sensitised solar cell with reverse saturation current Jr=10-10A/cm2. When the solar irradiance is 1,000 W/m2, it produces an equivalent photo current/short circuit current of 15 mA/cm2 at 300 K.
Physical function in patient or client who hates exercise : What type of activities would you recommend to improve physical function in a patient or client who “hates” exercise?

Reviews

Write a Review

Finance Basics Questions & Answers

  Determining accuray ipo

Provide a brief description of Accuray, its main business and operational activities and a short synopsis of the main developments of the company over the past 5 few years.

  Calculate the value of company

Gided Cage Corporation uses no debt. The weighted average cost of capital is 15%. The current market value of the company is $60 million. The corporate tax rate is 40%.

  Determining portfolio weights

Determine the portfolio weights for a portfolio that has 45 shares of Stock A that sell for $40 per share and 30 shares of stock B that sell for $20 per share?

  How does collateral affect the interest rate on a bond

How does collateral affect the interest rate on a bond? How does subordination affect the interest rate on a bond too? What else might affect the interest rate on a bond?

  Describre capital budgeting decision based on the capital

Describre Capital Budgeting decision based on the capital structure and both firms expect EBIT to be $90,000. Ignore taxes

  Describe what is the initial investment

If the assumed tax rate is 40 percent on ordinary income and capital gains, explain what is the initial investment

  What is the payback period for this project

Binder Corp. has invested in new machinery at a cost of $1,450,000. This investment is expected to produce cash flows of $640,000, $715,250, $823,330, and $907,125 over the next four years. What is the payback period for this project?

  Computation of operating cash flows

Computation of Operating Cash flows and described in the module and verify that the answer is the same in each case

  Computation of present value and future value of investment

Computation of present value and future value of investment and what is the future value of this cash stream on the date of the last payment assuming all the payments are invested

  Major segments of the foreign exchange market

What are the two major segments of the foreign exchange market, and what types of foreign exchange instruments are traded within these markets?

  Find the true statement

Find the true statement regarding determination letters for qualified plans.

  Determine the net cost of the call premium

Buchanan Corporation is refunding $12 million worth of 10% debt. The corporation's tax rate is 35%. The call premium is 9 percent.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd