Calculate the following based on a year duration: (a) Percentage invested in inventory (PIII); (b) Inventory turnover (TURNS); and (c) Weeks of supply (WOS)
Calculate the following based on a year duration: (a) Percentage invested in inventory (PIII); (b) Inventory turnover (TURNS); and (c) Weeks of supply (WOS)
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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Question
Unilever Manufacturing operates year-round. The following data are pulled from the
company’s most recent semi-annual report.
Assets
• Raw material inventory $120,000
• Work-in-process inventory $50,000
• Finished goods inventory $300,000
• Property, plant, and equipment $500,000
• Other assets $200,000
• Total assets $1,150,000
Condensed Income Statement
• Revenue $2,000,000
• Cost of goods sold $600,000
• Other expenses $1,000,000
• Net income $400,000
Calculate the following based on a year duration:
(a) Percentage invested in inventory (PIII);
(b) Inventory turnover (TURNS); and
(c) Weeks of supply (WOS)
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