Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Nov 12, 2024

If a company has an inventory turn over rate of 2 . 5 8 , what does that ratios tells you about the company s

If a company has an inventory turn over rate of

2.58,

what does that ratios tells you about the company

s efficiency in managing its inventory

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Experiencing MIS

Authors: David Kroenke

2nd Edition

0136078680, 9780136078685

More Books

Students also viewed these General Management questions

Question

★★★★★

The data to the right represent the time (in seconds) to complete a 400-meter race while a wind is blowing 2 meters per second in different directions. The wind direction is measured from the...

Answered: 1 week ago

Question

★★★★★

In the paper "Persistent Pulmonary Hypertension of the Neonate and Asymmetric Growth Restriction" (Obstetrics & Gynecology, Vol. 91, No. 3, pp. 336-341), M. Williams et al. reported on a study of...

Answered: 1 week ago

Question

★★★★★

What is the justification for and what are the arguments against the buffer stock approaches to money demand?

Answered: 1 week ago

Question

★★★★★

Rand Companys payroll on December 31 of the current year is as follows: Total payroll, $500,000 Payroll in excess of $117,000 to each employee, $350,000 Payroll in excess of $7,000 to each...

Answered: 1 week ago

Question

★★★★★

If a company has an inventory turn over rate of 2 . 5 8 , what does that ratios tells you about the company s efficiency in managing its inventory

Answered: 1 week ago

Question

★★★★★

If 1 8 0 0 0 units are produced and sold, what is the variable cost per unit produced and sold

Answered: 1 week ago

Question

★★★★★

1. A manufacturing entity receives a grant of $1m towards the purchase of a machine on 1 January 20X3. The grant will be repayable if the entity sells the asset within 4 years, which it does not...

Answered: 1 week ago

Question

★★★★★

9. Nobody is taller than the Empire State Building. (Px: x is a person; Txy: x is taller than y; e: Empire State Building) 10. Nothing is heavier than itself. (Hxy: x is heavier than y) 11. Cats are...

Answered: 1 week ago

Question

★★★★★

13. [0.5/1 Points] DETAILS PREVIOUS ANSWERS BBUNDERSTAT12 7.3.026.S. MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER For this problem, carry at least four digits after the decimal in your calculations....

Answered: 1 week ago

Question

★★★★★

Why is trapping and euthanasia of feral horses considered an inadequate solution to the feral horse issue in the U.S.? (Horses Lesson) Group of answer choices Lack of funding to carry out these...

Answered: 1 week ago

Question

★★★★★

XY Plumbing X, Y, and Z agree to carry on business in partnership under the firm name XY Plumbing. Y, in the course of partnership business, carelessly injures T. T intends to take legal action...

Answered: 1 week ago

Previous Question Next Question