User Account

All Pages

What is the inventory turn value for the company

Assignment Help Accounting Basics
Reference no: EM131638433

Question - A very important company has annual sales of 401 million and an average annual inventory valued at 15 million. With a cost of goods sold of 0.94 per sales dollar, what is the inventory turn value for the company? What average inventory turn value would produce a turn ratio of 173?

Reference no: EM131638433

Questions Cloud

Impose a tax on big suvs : What if the government wants to impose a tax on big SUVs because they get low miles per gallon, hog the road and are dangerous to other vehicles.
Define strong relationship between speed and mileage : Make a scatterplot of mileage versus speed. Use a calculator to show that the correlation between speed and mileage is r = 0.
Theatre entertainment vs home entertainment networks : All the responses were recorded on phone which were than edited and analysed with help of content analysis - Focus Group interview was conducted at researchers
Burden that falls on consumers : After the tax, 29,000 cases of cola are sold every week; consumers pay $5 per case, and producers receive $1 per case (after paying the tax).
What is the inventory turn value for the company : With a cost of goods sold of 0.94 per sales dollar, what is the inventory turn value for the company
Medical insurance for all americans : Congress passes a sweeping health care reform bill that provides free medical insurance for all Americans.
How correlation between body mass and metabolic rate change : Body mass and metabolic rate. The body mass data in Table 14.1 are given in pounds. There are 2.2 pounds in a kilogram.
Feminine care product brand overall : What are the unique marketing challenges for a feminine care product brand overall?
Consumers consider a brand supply chain ethics : Do you believe that consumers consider a brand's supply chain ethics when they purchase apparel?

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