subject
Business, 30.07.2021 01:50 dannyboy5911

The following is information for Palmer Co. Cost of goods sold Ending inventory Year 3 $ 643,825 97,400 Year 2 $426,650 87,750 Year 1 $ 391,300 92,500 Use the above information to compute inventory turnover for Year 3 and Year 2, and its days' sales in inventory at December 31, Year 3 and Year 2. (a) Use the above information to compute inventory turnover for Year 2, and its days' sales in inventory at December 31, Year 2 Numerator 1 Denominator = Ratio Inventory turnover $ 426,650 $ 90,125 4.7 times Days' sales in inventory
(b) Use the above information to compute inventory turnover for Year 3, and its days' sales in inventory at December 31, Year 3. Numerator Denominator = Ratio Inventory turnover $ 643,825 1 $ 92,575 = 7.0 times Days' sales in inventory

ansver
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 22:30, ericlawton
Abusiness cycle reflects in economic activity, particularly real gdp. the stages of a business cycle
Answers: 2
image
Business, 22.06.2019 02:30, ava831
The monthly sales for yazici​ batteries, inc., were as​ follows: month jan feb mar apr may jun jul aug sept oct nov dec sales 19 20 17 12 11 18 16 17 19 22 21 24 this exercise contains only parts b and c. ​b) the forecast for the next month​ (jan) using the naive method​ = nothing sales ​(round your response to a whole​ number). the forecast for the next period​ (jan) using a​ 3-month moving average approach​ = nothing sales ​(round your response to two decimal​ places). the forecast for the next period​ (jan) using a​ 6-month weighted average with weights of 0.10​, 0.10​, 0.10​, 0.20​, 0.20​, and 0.30​, where the heaviest weights are applied to the most recent month​ = nothing sales ​(round your response to one decimal​ place). using exponential smoothing with alpha ​= 0.40 and a september forecast of 21.00​, the forecast for the next period​ (jan) = nothing sales ​(round your response to two decimal​ places). using a method of trend​ projection, the forecast for the next month​ (jan) = nothing sales ​(round your response to two decimal​ places). ​c) the method that can be used for making a forecast for the month of march is ▾ a 3-month moving average a 6-month weighted moving average exponential smoothing the naive method a trend projection .
Answers: 2
image
Business, 22.06.2019 07:30, taridunkley724
Hours to produce one unit worker hours to produce yarn country a 8 hours country b 4 hours worker hours to produce fabric counrty a 12 hours country b 13 hours additional worker hours to produce fabric instead of yarn country a ? country b? which of the follow is true of the trade relationship between country a and country b? country a has an absolute advantage in producing yarn and fabric country b has an absolute advantage in producing yarn and fabric country b has a comparative advantage to country a in producing fabric country a has a comparative advantage to country b in producing fabric
Answers: 2
image
Business, 22.06.2019 20:30, andrejr0330jr
Exercise 7-7 martinez company reports the following financial information before adjustments. dr. cr. accounts receivable $168,900 allowance for doubtful accounts $3,200 sales revenue (all on credit) 849,300 sales returns and allowances 50,440 prepare the journal entry to record bad debt expense assuming martinez company estimates bad debts at (a) 4% of accounts receivable and (b) 4% of accounts receivable but allowance for doubtful accounts had a $1,550 debit balance. (if no entry is required, select "no entry" for the account titles and enter 0 for the amounts. credit account titles are automatically indented when the amount is entered. do not indent manually.)
Answers: 3
You know the right answer?
The following is information for Palmer Co. Cost of goods sold Ending inventory Year 3 $ 643,825 97,...

Questions in other subjects: