User Account

All Pages

Determining the costs of goods sold

Assignment Help Finance Basics
Reference no: EM131066597

Al's Sport Store has sales of $2,870, costs of goods sold of $2,100, inventory of $510, and accounts receivable of $443. How many days, on average, does it take the firm to sell its inventory assuming that all sales are on credit?

  • 119.3
  • 121.1
  • 87.4
  • 88.6
  • 64.9

Reference no: EM131066597

Questions Cloud

Nine randomly chosen students in the hopkins : 1. The following data is the annual income (in $1,000s of U.S. dollars) taken from nine randomly chosen students in the Hopkins Internetbased MPH program:3 37 102 34 12 111 56 72 17 33
Compute a weighted aggregate index for the r&b beverage : Compute a weighted aggregate index for the R&B Beverage sales in 2009, with 2006 as the base period.
What is the value of a stock : What is the value of a stock with a required return of 10% and has growth of 13 % for 2 years then growth of 7 % thereafter, with an initial dividend of 4.25?
What is the yield value of bond : A Treasury bond with 7 years to maturity is currently quoted at 123:7. The bond has a coupon rate of 11.3 percent. What is the yield value of a 32nd for this bond?
Determining the costs of goods sold : Al's Sport Store has sales of $2,870, costs of goods sold of $2,100, inventory of $510, and accounts receivable of $443. How many days, on average, does it take the firm to sell its inventory assuming that all sales are on credit?
Data to fill in the following crosstab tables : Please read each question carefully and answer it completely.  Please fill in the tables and short answer questions, copying information from EXCEL where requested.
What does marriott pay macy : What does Marriott pay Macy?
Value drivers for overall economic value added metrics : When the management of the firm uses metrics, such as Economic Value Added (EVA) or Value Based Management, to achieve corporate goals, these relevant value measures—or their derivatives—must be made available to all of the company employees. How cou..
Issues zero coupon bonds on the market : Atlantis Fisheries issues zero coupon bonds on the market at a price of $334 per bond. Each bond has a face value of $1,000 payable at maturity in 14 years. It is callable in 7 years at a call price of $470. Using semiannual compounding, what is the ..

Reviews

Write a Review

Finance Basics Questions & Answers

  It is considering two hedging alternatives sell the euro

boeing just signed a contract to sell a boeing 737 aircraft to air france. air france will be billed euro20 million

  Example of technological innovation

Give an example of technological innovation from the last two decades. What forces led to the commercialization of the science behind the technologies? Did the capability exist before the market demand or was the demand there before the technology..

  How and why does working capital affect the incremental

how and why does working capital affect the incremental cash flow estimation for a proposed large capital budgeting

  Explain a strategic management consultant by organization

You have been hired as a strategic management consultant by organization. What specific recommendations would you make to the senior management team in the development of their strategic management plans with the issues facing their company. Be ..

  How the fed monetary policy may indirectly affect

Explain how the Fed influences the monthly mortgage payments on homes. How might the Fed indirectly influence the total demand for home by consumers?

  Describe the accounting treatment for both fair value

describe the accounting treatment for both fair value hedges and cash flow

  Use a recent within the last 30 days from the date of your

assignment on international financeuse a recent within the last 30 days from the date of your assignment issue of the

  As treasurer of the universal bed corporation aristotle

as treasurer of the universal bed corporation aristotle procrustes is worried about his bad debt ratio which is

  The niagra corporation is considering two mutually

the niagra corporation is considering two mutually exclusive projects. both require an initial outlay of 10000 and will

  Explain how large a sample would you take to estimate at 95

the tennessee tourism institute plans to saple information center visitors entering the state to learn the fraction of

  Evaluating the desirability of adding a new product

Assume that you are employed by a wood milling company that is evaluating the desirability of adding a new product to their product mix.

  Clculate the next expected dividend per share d1 d0 04650

the bouchard companys eps was 6.50 in 2002 and 4.42 in 1997. the company pays out 40 percent of its earnings as

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: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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