Sophia-Principle-Finance-Milestone (93)

Q5

With given data please fill in blanks, inventory turnover, DSO, etc.... Thanks!!!!

ACTICE MILESTONE 1 ce Milestone PDF 6 7 8 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 4 O This is a practice Milestone and does not count towards your score. Question Unit 1 Tutorials A If you need help Question 2 O Mark this question Which of the following would explain a company's inventory turnover ratio rising from 1.75 to 3? The company's cost of goods sold has remained constant while the average inventory has increased. The company's cost of goods sold has decreased while the average inventory has remained constant. The company's cost of goods sold has decreased while the average inventory has increased. The company's cost of goods sold has increased while the average inventory has remained constant. ch

Bradley has an inventory turnover rate solve this accounting questions

Please help me with show all calculation thanku

Please do not give solution in image format thanku

2 points LO 10.5 Using the following data, the Inventory Turnover Ratio is: Cost of Goods Sold Beginning Inventory Ending Inventory 6.87 12.17 10.77 14.00 $700,000 50,000 65.000

Need help with this question solution general accounting

Do fast answer of this accounting questions

Accurate answer

Exercise 17-5 (Algo) Determining income effects from common-size and trend percents LO P1, P2 Common-size and trend percents for Roxi Company's sales, cost of goods sold, and expenses follow. Common-Size Percents 1 Year Ago 100.0% 61.2 13.8 Sales Cost of goods sold Operating expenses Current Year 100.0% 63.4 14.3 Change in Net Income Net Income Trend Percents 1 Year Ago 103.4% 109.5 101.2 2 Years Current Ago Year 100.0% 104.6% 57.8 114.7 14.1 106.2 Determine the net income for the following years. Did the net income increase, decrease, or remain unchanged in this three-year period? Complete this question by entering your answers in the tabs below. Did the net income increase, decrease, or remain unchanged in this three-year period? Did the net income increase, decrease, or remain unchanged in this three-year period?

ITR?

What is the average inventory turnover? I keep coming up with 2.362.

Subject : accounting

Arrow Distributing Corp. likes to track inventory by using weeks of supply as well as by inventory turnover. Arrow Distributing Corp. Net Revenue Cost of sales Inventory Total assets a) What is its weeks of supply? weeks (round your response to two decimal places). b) What is Arrow's inventory turnover? times per year (round your response to two decimal places). $16,830 $14,240 $920 $9,270 c) Suppose a manufacturer has an inventory turnover of 13.5 times per year. Arrow's supply chain performance relative to the manufacturer's, as measured by inventory turnover, is

A company reports the following:   Cost of goods sold $3,960,250   Average inventory 255,500 Round your answers to one decimal place. a.  Determine the inventory turnover. Assume a 365-day year.fill in the blank 1 b.  Determine the number of days' sales in inventory. Assume a 365-day year.fill in the blank 2