Business, 20.01.2020 18:31 mikeysoulemison

3m co. reports beginning raw materials inventory of $930 million and ending raw materials inventory of $880 million. 3m purchased $3,956 million of raw materials and used $4,006 million of raw materials during the year. compute raw materials inventory turnover and the number of days' sales in raw materials inventory. (use 365 days per year. enter your answers in millions.)

Answers: 2

Show answers

Other questions on the subject: Business

Business, 21.06.2019 23:30, brittd2728

Martha is the head of the accounts department in a small manufacturing company. the company follows the accrual-basis method of accounting. it recently purchased raw materials worth $5,000 from its vendors. however, the company paid only $3,000 to its vendors. it plans to pay the remaining amount after three months. considering this information, which entry should martha record in the company’s accounts? a. $5,000 as accounts receivable b. $3,000 as accounts payable c. $2,000 as accounts payable d. $2,000 as accounts receivable

Answers: 3

continue

Business, 22.06.2019 10:30, pierrezonra

What are the positive environmental trends seen today? many industries are taking measures to reduce the use( _gold, carbon dioxide, ozone_) of -depleting substances and are turning to(_scarce, renewable, non-recyclable_) energy sources though they may seem expensive. choose one of those 3 option to fill the

Answers: 3

continue

Business, 22.06.2019 19:50, oomale

Joe pays ann to mow his lawn and ann mows vanna's lawn by mistake. vanna peers out her window and sees ann mowing, yet says nothing to ann about her mistake since vanna needs to have her lawn mowed. when ann approaches vanna for payment, vanna refuses, arguing that she never asked ann to mow her lawn. under these circumstances, ann can recover payment from vanna under:

Answers: 1

continue

Business, 22.06.2019 21:00, sofiaisabelaguozdpez

Roberto and reagan are both 25 percent owner/managers for bright light inc. roberto runs the retail store in sacramento, ca, and reagan runs the retail store in san francisco, ca. bright light inc. generated a $125,000 profit companywide made up of a $75,000 profit from the sacramento store, a ($25,000) loss from the san francisco store, and a combined $75,000 profit from the remaining stores. if bright light inc. is an s corporation, how much income will be allocated to roberto?

Answers: 2

continue

You know the right answer?

3m co. reports beginning raw materials inventory of $930 million and ending raw materials inventory...