{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-28T22:00:12-04:00", "answer_date": "2024-05-28 22:00:12", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1860040", "url": "\/study-help\/questions\/double-west-suppliers-dws-reported-sales-for-the-year-of-1860040", "question_creation_date_js": "2024-05-28T22:00:12-04:00", "question_creation_date": "May 28, 2024 10:00 PM", "meta_title": "[Solved] Double West Suppliers (DWS) reported sale | SolutionInn", "meta_description": "Answer of - Double West Suppliers (DWS) reported sales for the year of $450,000, all on credit. The average gross profit percentag | SolutionInn", "meta_keywords": "double,west,suppliers,dws,reported,sales,year,$450,000,credit,average,gross,profit", "question_title_h1": " Double West Suppliers (DWS) reported sales for the year of $450,000, all on credit. The average gross profit percentage was 40 percent on sales.", "question_title": " Double West Suppliers (DWS) reported sales for the year of $450,000,", "question_title_for_js_snippet": "Double West Suppliers (DWS) reported sales for the year of $450,000, all on credit The average gross profit percentage was 40 percent on sales Account balances are as follows Accounts receivable (net) Inventory Beginning $39,000 54,000 Ending $61,000 46,000 Required 1 Compute the turnover ratios for accounts receivable and inventory (Round your answers to 1 decimal place ) Receivables turnover times ratio Inventory turnover ratio times", "question_description": "\"image\"image", "transcribed_text": "Double West Suppliers (DWS) reported sales for the year of $450,000, all on credit. The average gross profit percentage was 40 percent on sales. Account balances are as follows: Accounts receivable (net) Inventory Beginning $39,000 54,000 Ending $61,000 46,000 Required: 1. Compute the turnover ratios for accounts receivable and inventory. (Round your answers to 1 decimal place.) Receivables turnover times ratio Inventory turnover ratio times", "related_book": { "title": "Cornerstones Of Cost Management", "isbn": "9781305147102, 1285751787, 1305147103, 978-1285751788", "edition": "3rd Edition", "authors": "Don R. Hansen, Maryanne M. Mowen", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/493.jpg", "uri": "\/textbooks\/cornerstones-of-cost-management-3rd-edition-493", "see_more_uri": "" }, "free_related_book": { "isbn": "620266827X", "uri": "\/textbooks\/human-resource-management-human-resource-planning-recruitment-and-selection-job-analysis-and-job-design-job-analysis-training-performance-appraisal-9786202668279-232202", "name": "Human Resource Management Human Resource Planning Recruitment And Selection Job Analysis And Job Design Job Analysis Training Performance Appraisal", "edition": "" }, "question_posted": "2024-05-28 22:00:12", "see_more_questions_link": "\/study-help\/questions\/business-corporate-finance-2020-July-01", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/assuming-10-minimum-required-reserve-ratio-5-excess-reserve-ratio-701754", "description": "Assuming 10% minimum required reserve ratio, 5% excess reserve ratio, and people holding 10% of cash received at home (not deposited in the banks), the money multiplier is equal to Select one: a....", "stars": 0 }, { "url": "\/a-what-are-the-two-methods-of-accounting-for-cash", "description": "(a) What are the two methods of accounting for cash discounts? 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