30. The January 28, 2017 (fiscal year 2016) financial statements of Caleres, Inc. reported the following information (in thousands). Cost of sales Inventories, net LIFO reserve 2016 $1,517,397 585,764 4,345 2015 $1,529,527 546,745 4,094 If Caleres had used the FIFO method of inventory costing, 2016 inventory would have been: A) $506,852 million B) $590,109 million C) $504,752 million D) $581,419 million E) None of the above 31. The 2016 financial statement of Willamette Valley Vineyards reported Net revenues of $19,425,412 and Cost of goods sold of $7,204,884. Note 3 to the financial statements reported that Inventories consisted of: Winemaking and packaging materials Work-in-process Finished goods Total inventories 2016 $817,836 6,634,014 4,518,806 $11,970,656 2015 s 690,292 6,058,701 3,883,469 S10,632,462 The inventory turnover for 2016 was A) 0.57 B) 0.64 C) 0.59 D) 1.71 E) None of the above 33. Hauser Corporation has the following metrics for 2016 Amount in da Days sales outstanding Days payables outstanding Days inventory outstanding 2016 36.5 24.8 59.1 The cash conversion cycle for 2016 is A) 2.2 days B) 61.3 days C) 47.4 days D) 70.8 days E) None of the above 34. The 2016 financial statements for BNSF Railway report the following information Year ended December 31 In millions Revenues Property and equipment, net Total assets 2016 $19,829 61,250 84,122 2015 S21,967 59,510 81,703 The 2016 property, plant and equipment turnover is: A) 0.39 B) 2.38 C) 0.33 D) 0.70 E) None of the above 32. The January 28, 2017 (fiscal year 2016) financial statements of Caleres, Inc. reported the following information (in thousands): Cost of sales Inventories, net LIFO reserve 2016 $1,517,397 585,764 4,345 2015 S1,529,527 546,745 4,094 The 2016 average days inventory outstanding is: A) 136.2 days B) 133.9 days C) 121.5 days D) 49.6 days E) None of the above