Inventory turnover for the year

Assignment Help Business Management
Reference no: EM131777102

During the year just ended, the retailer James Corporation purchased $449,000 of inventory. The inventory balance at the beginning of the year was $199,000. If the cost of goods sold for the year was $472,000, then the inventory turnover for the year was?

Reference no: EM131777102

Questions Cloud

Review at least two websites identified in website review : Review at least two websites identified in the Website Review and Summary assignment. How the model served as a guide to understand the cause.
Why would the rigor of a methodology be useful : A web search for relevant articles and information could be employed to assist you in your response. Your response should be a reply to the original message.
Which approach has a lower present value of costs : Horizon Ford advertises that it will sell you a Ford Taurus for $24,000 or lease it to you. To lease it, you must make a down payment of $3000.
What is the main objective of bank reconciliation : What are the two methods of estimating bad debts. How are these methods different? What is the main objective of bank reconciliation
Inventory turnover for the year : The inventory balance at the beginning of the year was $199,000. If the cost of goods sold for the year was $472,000, then the inventory turnover for the year.
Company average sale period was closest : The beginning inventory balance was $48,000 and the ending inventory balance was $50,000. The company's average sale period was closest to?
How the marx and heidegger articles set the stage : The paper need to discuss how the Marx(reading1)and Heidegger(reading2) articles set the stage and then permeated the rest of the discussion.
Calculate total equivalent units with respect to conversion : Chang's Office Furniture manufactures office furniture be using an assembly-line process. Calculate the total equivalent units with respect to conversion
Briefly describe the kinds of policy preferences : Identify a solution that the business community appears to favor for the current annual budget deficit in the US. For example, in the area of health care.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

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