subject
Business, 30.10.2020 17:00 xrivas

Joe’s Beer, Bait, & Tackle Co. is a small chain of fishing tackle stores in northern Minnesota. In 2019, the company’s revenue was $4,300,000 and its cost of sales was $3,200,000. Assume 52 weeks and 365 days per year. Joe keeps only 7.59 days-of-supply of inventory on average because much of his inventory is live bait and micro-brew beer, both of which have a short shelf life. What is his annual inventory turns?

ansver
Answers: 2

Other questions on the subject: Business

image
Business, 22.06.2019 01:30, Mani2019
For each example identify the most appropriate ctso
Answers: 3
image
Business, 22.06.2019 20:30, admierewebb
What talents or skills do u admire most in others
Answers: 2
image
Business, 23.06.2019 02:00, gthif5424
Which of the following describes a situation of scarcity? a. someone offers free advice about getting into college. b. someone distributes free bottles of water at the beach. c. a child charges friends for a ride on his new bike. d. a person lets the kids in the neighborhood use his pool.
Answers: 1
image
Business, 23.06.2019 02:50, winterblanco
Anderson farms, inc. provided the following for 2018: cost of goods sold (cost of sales)$1,300,000beginning merchandise inventory340,000ending merchandise inventory630,000calculate the company's inventory turnover ratio for the year. (round your answer to two decimal places.)
Answers: 2
You know the right answer?
Joe’s Beer, Bait, & Tackle Co. is a small chain of fishing tackle stores in northern Minnesota....

Questions in other subjects:

Konu
English, 17.05.2021 14:00
Konu
Physics, 17.05.2021 14:00