Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Sep 27, 2024

Universal Sports Supply comenz el ao con un saldo de inventario de $84 000 y un saldo de fin de ao de $56 000. Las

Universal Sports Supply comenz el ao con un saldo de inventario de $84 000 y un saldo de fin de ao de $56 000. Las ventas de $540 000 generan una utilidad bruta de $180 000.

Calcule la razn de rotacin de inventario para el ao.

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

Fundamental Managerial Accounting Concepts

Authors: Edmonds, Tsay, olds

6th Edition

71220720, 78110890, 9780071220729, 978-0078110894

More Books

Students also viewed these Accounting questions

Question

4. Explain the ]ohari window to this person and show him what you have in quadrant 1 (Open area). Explain that you would like to reduce the size of your Blind area (quadrant 3) and are looking for...

Answered: 1 week ago

Question

★★★★★

Vino Veritas Company, a U.S.-based importer of wines and spirits, placed an order with a French supplier for 1,000 cases of wine at a price of 200 euros per case. The total purchase price is 200,000...

Answered: 1 week ago

Question

★★★★★

Universal Sports Supply comenz el ao con un saldo de inventario de $84 000 y un saldo de fin de ao de $56 000. Las ventas de $540 000 generan una utilidad bruta de $180 000. Calcule la razn de...

Answered: 1 week ago

Question

★★★★★

Pinewood Company purchased two buildings on four acres of land. The lump-sum purchase price was $2,900,000. According to independent appraisals, the fair values were $1,350,000 (building A) and...

Answered: 1 week ago

Question

★★★★★

Consider a variable rate mortgage for $100,000 with a 300-month amortization period, and with a nominal semiannual rate of 5% at loan origination. Suppose that the rate is held constant for the first...

Answered: 1 week ago

Question

★★★★★

The NAV of an equity fund is Rs. 76.45 and the face value is Rs. 10. An investor invests Rs 30,000. How many units will be allotted to him? (There is no entry load)

Answered: 1 week ago

Question

★★★★★

Listed below are several transactions that took place during the first two years of operations for the law firm of Pete, Pete, and Roy. Amounts billed to clients for services rendered Cash collected...

Answered: 1 week ago

Question

★★★★★

An 8% grade means: There is an average of 8 collisions per 100,000 descents There is an 8% chance of your service brakes failing There is an average drop of 80 metres over 1 kilometer

Answered: 1 week ago

Question

★★★★★

Assume the variables str1, str2, and str3 have each been assigned a string. Write a statement that uses the print function and an F-string to display the value of str1, immediately followed by the...

Answered: 1 week ago

Question

★★★★★

5. Use the distinction between the characteristics of private and public goods to determine whether the following should be produced through the market system or provided by government: (a) French...

Answered: 1 week ago

Question

★★★★★

7. The LoJack car recovery system allows the police to track stolen cars. As a result, they not only recover 90 percent of LoJack-equipped cars that are stolen but also arrest many auto thieves and...

Answered: 1 week ago

Question

★★★★★

4. What divergences arise between equilibrium output and efficient output when (a) negative externalities and (b) positive externalities are present? How might government correct these divergences?...

Answered: 1 week ago

Previous Question Next Question