Compute the days in inventory for 2010. (a) 64.4 days (b) 60.8 days. (c) 6 days. (d)
Question:
Compute the days in inventory for 2010.
(a) 64.4 days
(b) 60.8 days.
(c) 6 days.
(d) 24 days
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (1 review)
Answered By
Asim farooq
I have done MS finance and expertise in the field of Accounting, finance, cost accounting, security analysis and portfolio management and management, MS office is at my fingertips, I want my client to take advantage of my practical knowledge. I have been mentoring my client on a freelancer website from last two years, Currently I am working in Telecom company as a financial analyst and before that working as an accountant with Pepsi for one year. I also join a nonprofit organization as a finance assistant to my job duties are making payment to client after tax calculation, I have started my professional career from teaching I was teaching to a master's level student for two years in the evening.
My Expert Service
Financial accounting, Financial management, Cost accounting, Human resource management, Business communication and report writing. Financial accounting : • Journal entries • Financial statements including balance sheet, Profit & Loss account, Cash flow statement • Adjustment entries • Ratio analysis • Accounting concepts • Single entry accounting • Double entry accounting • Bills of exchange • Bank reconciliation statements Cost accounting : • Budgeting • Job order costing • Process costing • Cost of goods sold Financial management : • Capital budgeting • Net Present Value (NPV) • Internal Rate of Return (IRR) • Payback period • Discounted cash flows • Financial analysis • Capital assets pricing model • Simple interest, Compound interest & annuities
4.40+
65+ Reviews
86+ Question Solved
Related Book For
Accounting Tools For Business Decision Making
ISBN: 9780470377857
3rd Edition
Authors: Paul D. Kimmel
Question Posted:
Students also viewed these Business questions
-
Determine the kinetic energy of the solid parallelepiped of Prob.18.5. C D 24
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
Question: Old MathJax webview Old MathJax webview i need ans of these question but the source is alot Old MathJax webviewOld MathJax webview i need ans of these question but the source is alot these...
-
(a) Using the ion-pair equilibrium constant from Appendix J, with activity coefficients = 1, find the concentrations of species in 0.025 M MgSO 4 . Hydrolysis of the cation and anion near neutral pH...
-
How are light-bulbs frosted?
-
Suppose Goodyear Tire and Rubber Company has an equity cost of capital of 8.5%, a debt cost of capital of 7.1%, a marginal corporate tax rate of 33%, and a debt-equity ratio of 2.4. Assume that...
-
To determine the reliability of experts who interpret lie detector tests in criminal investigations, a random sample of 280 such cases was studied. The results were Suspects True Status Examiners...
-
a. Evaluate each of these alternatives. On the basis of the limited information presented, recommend the one you feel is best. b. If Casinos International's stock price rises to $60, what will happen...
-
Please help me answer this, I need answer in 1 hour thank you so much Number 1-4 1. If an amount being measured involves a large population of items and an 1 point outflow of resources embodying...
-
Compute the current ratio for 2010. (a) \(1.26: 1\) (b) \(3.0: 1\) (c) \(0.80: 1\) (d) \(3.75: 1\)
-
Plano Corporation reported net income \(\$ 24,000\); net sales \(\$ 400,000\); and average assets \(\$ 600,000\) for 2010. What is the 2010 profit margin ratio? (a) \(6 \%\) (c) \(40 \%\). (b) \(12...
-
Prove the limit statement. lim V4 - x = 2 x-0
-
Verify the Divergence Theorem for the vector field and region. \(\mathbf{F}(x, y, z)=\langle z, x, yangle\), the box \([0,4] \times[0,2] \times[0,3]\) THEOREM 1 Divergence Theorem Let S be a closed...
-
Let \(\mathbf{F}=\langle 0,-z, 1angle\). Let \(\mathcal{S}\) be the spherical cap \(x^{2}+y^{2}+z^{2} \leq 1\), where \(z \geq \frac{1}{2}\). Evaluate \(\iint_{\mathcal{S}} \mathbf{F} \cdot d...
-
Describe the four different types of competition in the private enterprise system. In which type of competition would each of the following businesses be likely to engage? a. United Airlines b. small...
-
The following data were taken from Jack in the Box (JIB) 2008 annual report. All dollar amounts are in millions. Required a. Compute JIB's gross margin percentage for 2008 and 2007. b. Compute JIB's...
-
Debit and Credit Effects Indicate the account that will be debited for each of the following transactions: a. Issued common stock for cash b. Borrowed money from a bank c. Provided services on...
-
What is the difference between applied research and basic or pure research? Use a decision about how a salesperson is to be paid, by commission or salary, and describe the question that would guide...
-
Juarez worked for Westarz Homes at construction sites for five years. Bever was a superintendent at construction sites, supervising subcontractors and moving trash from sites to landfills. He...
-
Requirements 1. Enter the transactions in a sales journal (page 2), a cash receipts journal (page 5, omit Sales Discounts Forfeited column), a purchases joumal (page 7), a cash payments journal (page...
-
Prepare inventory valuation ONLY using this chart and based on the transactions below Date Purchases Sales Balance Quantity Unit Cost Value Quantity Unit Cost Value Quantity Unit Cost Value Jan 31...
-
At the end of the current year, Accounts Receivable has a balance of $550,000; Allowance for doubtful Accounts has a credit balance of $5,500; and sales for the year total $2,500,000. An analysis of...
Study smarter with the SolutionInn App