Determining the inventory turnover ratio
You have a quick ratio of 2.00x; 31500 in cash; 17500 in A/R; some inventory; total current assets of $70,000;& total current liabilities of $24,500. Annual sales reported $200,000.
What is the inventory turnover ratio?
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A company had expenses other than cost of goods sold of $278,000. Determine sales and gross profit given cost of goods sold was $114,000 and net income was $178,000.
Lee Provo is paid $20 per hour, plus time-and-one-half for hours over 40 for a given week. During the week of January 21, Provo worked 46 hours.
Create a spreadsheet to compute the NPV and payback period to assist with a purchase decision. Use to results to answer questions about your findings.
Prepare the following budgets for March 2012:?a. Revenues budget?b. Production budget in units?c. Direct material usage budget and direct material purchases budget d. Direct manufacturing labor budget.
The Arlington Property Development Co. has a $10,000 note receivable from a customer due in 3 years. How much is the note worth today (PV) if the interest rate is?
A company purchased $2,000 of merchandise on Nov. 2 with terms 2/10, n/30. On Nov. 8, it returned $500 worth of merchandise. On Nov. 10, it paid the invoice. The amount paid on Nov. 10 equals : ?
Franco Electronics currently sells a camera for $300. An aggressive competitor has announced plans for a similar product that will be sold for $235.
Jim's stock has a risk premium of 9.6percent while the inflation rate is 3.1 percent and the risk-free rate is 3.8 percent. What is the expected return on this stock?
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Explain the risks of not reporting the results of your forensic assessment findings accurately. Provide specific examples.
Read "The Effect of Tart Cherry Juice Compared to a Sports Drink and Cycling Exercise Performance, Substrate Metabolism, and Recovery" from University Library
Identify and analyze one resource that provides information regarding services for dealing with and treating substance use and abuse in youth or adolescence.
Discuss how culture may influence one's perceptions. Provide an example of how culture may impact the interaction between a patient/client
Write an essay describing your achievement of a goal and your friends or family member's achievement of a goal using motivational theory
Pets can have a therapeutic effect on people; they seem to have the power to calm the anxious and cheer the depressed. Give three reasons
Review Chapter 12 and consider how your culture has impacted your worldview and personality. Pay particular attention to the section on characteristics of Cult