Ottawa, inc. provides the following data: 2019 2018 cash $23,000 $22,000 accounts receivable, net 37,000 37,000 merchandise inventory 55,000 25,000 property, plant, and equipment, net 127,000 96,000 total assets $242,000 $180,000 for the year ending december 31, 2019: net credit sales $300,000 cost of goods sold (170,000) gross profit $130,000 calculate the days' sales in inventory for 2019. (use 365 days for any calculations. round any intermediate calculations and your final answer to two decimal places.)

Shelby company produces three products: product x, product y, and product z. data concerning the three products follow (per unit): product x product y product z selling price $ 85 $ 65 $ 75 variable expenses: direct materials 25.50 19.50 5.25 labor and overhead 25.50 29.25 47.25 total variable expenses 51.00 48.75 52.50 contribution margin $ 34.00 $ 16.25 $ 22.50 contribution margin ratio 40 % 25 % 30 % demand for the company’s products is very strong, with far more orders each month than the company can produce with the available raw materials. the same material is used in each product. the material costs $8 per pound, with a maximum of 4,400 pounds available each month. required: a. compute contribution margin per pound of materials used. (round your intermediate calculations and final answers to 2 decimal places.) contribution margin per pound product x $ product y $ product z $ b. which orders would you advise the company to accept first, those for product x, for product y, or for product z? which orders second? third? product x product y product z

Arecession is defined as a period in which

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