What is the company inventory turnover ratio

Assignment Help Finance Basics
Reference no: EM13258581

Napa Vineyards has sales of $843,000, a gross profit margin of 0.378, and inventory of $176,000. What is the company's inventory turnover ratio?

Reference no: EM13258581

Questions Cloud

Calculate the dollar amount of ending inventory : Calculate the dollar amount of ending inventory shown on ABCCompany's May 31 balance sheet using the FIFO method. Do not use decimals in your answer.
What will be its rotation rate at the end : The disk in a CD player does not rotate at a constant rate, but spins at a rate determined by a control circuit so that the linear speed of the track being read is constant, what will be its rotation rate at the end
Explain what is the vapor pressure at 109c : A liquid has a change in enthalpy of vaporization of 35.0Kj/mol and a boiling point of 137c . what is the vapor pressure at 109c
Income statement through gross profit : Prepare an Income Statement through gross profit for the year endedDecember 31, 2007.
What is the company inventory turnover ratio : Napa Vineyards has sales of $843,000, a gross profit margin of 0.378, and inventory of $176,000. What is the company's inventory turnover ratio?
What was the peak current that would flow through the person : Assume the resistance of a human person was 500 ohms, if a person was struck by lightning with a peak voltage of 100,000 volts, what was the peak current that would flow through the person
With what angular speed is stick spinning after collision : A uniform stick 1.4 m long with a total mass of 300 g is pivoted at its center. With what angular speed is the stick spinning after the collision?
Explain the effective rate constant of the reaction k : Derive the relationship that the effective rate constant of the reaction K is the same as (d[P]/dT)/([A][B]) takes the form k= k2 exp(-deltaG/RT) Where deltaG(these deltaG are with double dagger )is the standard free energy difference between the ..
Case study of matrix corporation : On January 1, 2006, Matrix Corporation issued $800,000, 5%, 5-year bonds dated January 1, 2006, at 95. The bonds pay annual interest on January 1. The company uses the straight-line method of amortization and has a calendar year end.

Reviews

Write a Review

Finance Basics Questions & Answers

  Determine market rate of interest for bond

Determine the market rate of interest for a bond with the following characteristics: the bond pays a 7% coupon (semi-annually),

  Describe the term capital budgeting

Describe the term Capital budgeting and explain what are the 30 equal annual payments

  Organization exchange lists the stock

What exchange lists the stock? Why did the company decide to list on that exchange.

  Basic competencies for hr professionals

Which of the four basic competencies for HR professionals do you think will be necessary in future?

  Importance of maximizing shareholders wealth

Discuss and explain the importance of maximizing shareholders wealth. Why does finance regard share value maximization as the primary corporate objective?

  Calculate the projected net income

Goran Blomberg is interested in investing in a new rooms-only lodging property. He needs some financial projections for the proposed operations.

  What is the projects irr

You have now been tasked with providing a recommendation for the project based on the results of a Net Present Value Analysis. Assuming that the required rate of return is 15% and the initial cost of the machine is $3,500,000.

  Maximize the market value of the stock

XYZ Company has earnings of $750,000 with 300,000 shares outstanding. Its P/E ratio is sixteen. The company is holding $400,000 of funds to invest or pay out in dividends.

  Investment ratios for subunits of an organization

Determine which of the following must occur before one can calculate the return on investment ratios for subunits of an organization?

  Information about interest and time value of money

You spend $250 in your savings account at the end of each year and earn an average of 6% per year in interest. How much will you have in your savings account at the end of forty years?

  Calculate pi for the following cash flow gross rev

How would we calculate PI for the following cash flow Gross Rev

  Objective questions on organizational management

Objective questions on organizational management and Net operating income is earnings before interest and taxes

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