Apple Technology Corp., has an annual net income of $12.4 billion, the revenue of $93.7 billion, and a cost of goods sold of $42.5 billion. If the balance sheet amount shows $5.8 billion of inventory how many weeks of supply does Apple Technology Corp. hold?
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Apple Technology Corp., has an annual net income of $12.4 billion, the revenue of $93.7 billion, and a cost of goods sold of $42.5 billion. If the
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- How many weeks of supply does summit logistics Inc. Hold ?Apple Technology Corp. hold ?Morgan Industries had $283 million in sales. Its cost of goods sold was $105 million, and its average inventory balance was $35 million. What is the average number of inventory days outstanding for Morgan's Industries?
- Pharoah reported the following information for its fiscal year end: On net sales of $56.600 billion, the company earned net income after taxes of $6.792 billion. It had a cost of goods sold of $24.055 billion and EBIT of $9.622 billion. What are the company’s gross profit margin, operating profit margin, and net profit margin? (Round answers to 1 decimal place, e.g.12.5%.) Gross profit margin % Operating profit margin % Net profit margin %For a recent year, Best Buy reported sales of $40,339 million. Its gross profit was $9,047 million. What was the amount of Best Buy’s cost of merchandise sold?New Technologies has currentliabilities of $390,000, a quick ratio of 1.30, an inventory turnover of 5.10, and a current ratio of 4.10. What is the cost of goods sold for the company?
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- WW Co has a current ratio of 2. Receivables are $3 million and current liabilities are $2 million. What are inventory days if cost of sales is $10 million per annum?a. EFG reports annual sales of $ 30 million. Annual costs of goods sold is $ 15 million. Inventory is $ 5 million. Net income is $ 2 million. What is the months of supply of EFG ? Show all formulas used, calculations and results. Do on Blk Bd b. RST has monthly turns of 4, annual cost of goods sold $ 12 million, annual revenue of $ 36 million. What is its average inventory ? Show all formulas used, calculations and results. Do on Blk Bd For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). I U S Paragraph Arial 14px = v = v A ...Highly Suspect Corp. has current liabilities of $409,000, a quick ratio of 1.40, inventory turnover of 4.00, and a current ratio of 3.50. What is the cost of goods sold for the company?