Question
This information is available for Blue Photo for 2018, 2019, and 2020. 2018 2019 2020 Beginning inventory 112,000 309,000 404,500 Ending inventory 309,000 404,500 485,000
This information is available for Blue Photo for 2018, 2019, and 2020. 2018 2019 2020 Beginning inventory 112,000 309,000 404,500 Ending inventory 309,000 404,500 485,000 Cost of goods sold 910,000 1,116,000 1,262,500 Sales revenue 1,187,000 1,628,000 1,890,500 Calculate inventory turnover for Blue Photo Ltd. for 2018, 2019, and 2020. (Round answers to 2 decimal places, e.g. 0.10. Use 365 days for calcuation.) 2018 2019 2020 Inventory turnover ratio Calculate days in inventory for Blue Photo Ltd. for 2018, 2019, and 2020. (Round answers to 1 decimal place, e.g. 1.5.)
Days in inventory days 2018=
Days in inventory days2019=
Days in inventory days 2020=
Calculate gross profit rate for Blue Photo Ltd. for 2018, 2019, and 2020. (Round answers to 0 decimal places, e.g. 10%.)
Gross profit rate %2018=
Gross profit rate % 2019=
Gross profit rate % 2020=
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