User Account

All Pages

Calculate the sales inventory for target and amazon

Assignment Help Financial Accounting
Reference no: EM132544827

Question 1: To calculate the sales inventory for Target and Amazon.com you must use the formula:

Average Inventory = (Inventory in the beginning of year + Inventory in the end of the year)
2
= $8,282 + $8.601
N
= $8,441.5
= 59 days
# of Days' Sales in Inventory = Average Inventory

Average Daily Cost of Goods Sold
= $9,271
$196.3
= 47 days

Reference no: EM132544827

Questions Cloud

Explain why people rational : Explain why people aren't rational and explain the non-rational models of decision-making
Prepare a monthly sales budget in dollars for this quarter : Type A backpack sells for $15 and type B sells for $10. Prepare a monthly sales budget in dollars for this quarter
What is the amount of net surplus : What is the amount of Net surplus?Receipts from Social Event Held $9,000.Decorations and other costs for social event $3,100.
Discuss the shortcomings and criticism of the theory : Briefly summarize the theory/theorist in terms of contribution to the school of thought. Discuss the time period in which it was in favor and how the theorist.
Calculate the sales inventory for target and amazon : Calculate the sales inventory for Target and Amazon.com you must use the formula.of Days' Sales in Inventory = Average Inventory
How much would james expect to receive from the insurance : The house during a period of bad weather, which was estimated to be $90,000. How much would James expect to receive from the insurance claim?
Monitoring employee performance : Suppose you are working as a production manager in a textile company that targets the women's clothing market
Role of technology in long-term care-legal and ethical issue : Which challenges in long-term care system remain unmet? How can the challenges be proactively addressed as opposed to being reactive?
Explain the term joint arrangement and joint control : Explain the term 'joint arrangement' and 'joint control' in accordance with MFRS 11 Joint Arrangements. Explain whether the argument by directors of Neesa Bhd

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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