User Account

All Pages

What is the days sales in inventory

Assignment Help Accounting Basics
Reference no: EM132847525

Problem - The King Corporation has ending inventory of $468,200, and cost of goods sold for the year just ended was $3,815,830.

Required -

a. What is the inventory turnover?

b. What is the days' sales in inventory?

c. How long on average did a unit of inventory sit on the shelf before it was sold?

Reference no: EM132847525

Questions Cloud

Determining the percentage of assembly times fall : What percentage of assembly times fall below 39.1 minutes? Use the Empirical Rule
What are some examples of project risks that may arise : What are some examples of project risks that may arise during a health care project? What are the features for this. How do you reduce risks? Explain in detail.
ENGIN5507 Ore Reserve Estimation Assignment : ENGIN5507 Ore Reserve Estimation Assignment Help and Solution, Federation University - Assessment Writing Service
How will competencies in a professional setting : How will you articulate, translate, or apply the identified skills and competencies in a professional setting, and how can this offer solutions to address issue
What is the days sales in inventory : The King Corporation has ending inventory of $468,200, and cost of goods sold for the year just ended was $3,815,830. What is the days sales in inventory
Describe the impact of gender on communication : Provide examples of various communication methods (e.g., verbal, non-verbal, message types, etc.) that are evident in the video clip.
Discuss the advantages of offering incentives to new hires : Describe at least two incentives that could be offered to the doctors to make the position more appealing than offers they receive from other organizations.
What is the purpose of elimination entries : What is the purpose of elimination Entries? What entries are prepared during the Elimination process and where are the entries entered
How should Thor account for its remaining investment in Loki : Provide the entry to account for Thor's sale of the shares in May 2020. How should Thor account for its remaining investment in Loki

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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