A company wishes to improve efficiency and have 28 days in inventory. If COGS is forecasted as$22,764, what is the targeted inventory amount?Enter your answer as a monetary amount rounded to four decimal places, but without the currencysymbol. For example, if your answer is $90.1234, enter 90.1234. If your result is negative, enter anegative figure, like this: -90.1234Type your answer...

The average inventory amount can be found by using the inventory turnover ratio where the cost of…

Answered: A company wishes to improve efficiency…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Another way to look at the concept of inventory turnover is by measuring sales per square foot. Taking the average inventory at retail and dividing it by the number of square feet devoted to a particular product will give you average sales per square foot. When you multiply this figure by the inventory turnover rate, you get the annual sales per square foot.
c. HUW Imaly Uluers SIIuulu De placed eacI ycur ! d. What is the total inventory cost? e. What is the reorder point? Problem 7 Dama de Noche Corporation is considering a change in credit policy. The current policy is cash only, and sales per period are 2,000 unit: at a price of P110. If credit is offered, the new price will be P120 per unit, and the credit will be extended for one period. Unit sales are not expected to change, and all customers are expected to take credit. Dama de Noche anticipates that 4 percent of its customers will default. If the required return is 2- percent per period, is the change a good idea? What if only half the customers take the offered credit? Problem 8
Provide Answer with calculation and explanation
Only 4b question. Thanks!
Classify this news event as systematic or unsystematic and indicate if prices will increase or decrease. From Marketwatch news on May 17th, 2022: Walmart's reports last quarter earning that are much lower than expected. Select one: a. Systematic; Decrease b. Unsystematic; Increase c. Unsystematic; Decrease d. Systematic; Increase
Which is correct ?
As you watch the simulation, please keep in mind that this is a scenario where the system flow rate is R = 9 passengers per minute and the flow time is T = 6 seconds. Question 1: Use Little’s Law to compute the average inventory in this system, measured in “passengers. Question 2: On the basis of this information, would you expect the average inventory to increase or decrease from your answer to question 1? Why? Explain briefly in words. Question 3: Now use Little’s Law to compute the correct inventory when R = 10 passengers per minute. State the new inventory, I. Were you correct in question 2?
please answer both the questions within 30 minutes. make sure u solve both the parts else i will give negative ratings for sure.
Practice B. Tota over? are used? 3. Da- 0. 4. The quick ratio is 1.7 while the current ratio is 2.5. The current liabilities amount to PHP5,000. Cost of goods sold is PHP52,500. What is the inventory turnover? Average age of inventory? 5. Beginning inventory is PHP2,000 while ending inventory is PHP5,000. Cost of goods sold is double the ending inventory and accounts payable is PHP4,000. What is accounts payable turmover? Average payment period? 6. Ending inventory is PHP13,000 while accounts payable is PHP2,500. Purchases were half the ending inventory. What is accounts payable turnover? Average age of payables? 7. Current assets amount to PHP30,000 while noncurrent assets are PHP50,000. Sales amount to PHP200,000. What is the total asset turnover? 8. Based on your answers from letters c, d, and e, what is the operating cycle of the company? Cash conversion cycle?
Please provide solution
32. Calculate inventory turnover. (Hint: Food costs for the month must first be calculated.) Show your calculations. Beginning Inventory/month Food Purchases/month Ending Inventory $2,000 9,000 4,000
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