Dividing annual Sales by Turnover will give: a.Stock-to-Sales Ratio b. Average Monthly Sales. c.AverageSstock d.Basic Inventory. e.markup%

Q: How is Day Sales in Inventory calculated?

A: Inventory turnover ratio: This is a financial measure that is used to evaluate as to how many times…

Q: Find the liquidity ratios (current ratios, acid-test ratio, average collection period, accounts…

A: Ratio analysis is referred to as an quantitative method for gaining an insight into the liquidity,…

Q: How are days’ sales in inventory calculated, and what does it measure?

A: Numbers of days to sell inventory: This ratio is determined as the number of days a particular…

Q: Describe the ratios used by financial analysts to monitor a company’s investment in inventories

A: There are some ratios which financial analysts use to monitor a company’s investment in inventories:…

Q: How do you measure gross margin return on inventory(GMROI)?

A: GMROI is a measure of inventory profitability where, it measures how much profit does the sales…

Q: Explain the two methods of inventory tracking: inventory turnover ratio and number of days' sales in…

A:

Q: Determine the gross profit from sales for the period.

A: Revenue:   It refers to the earnings of an organization form business operations for a particular…

Q: ost per unit of purchases over a period r decrease in purchases in relation to the

A: Data is unprocessed facts or figures that are not organzied.Information is processed and organized…

Q: Using the numbers provided below, calculate the Inventory Turnover Ratio. The inventory turnover…

A: Lets understand the basics.Inventory turnover ratio indicates that how many time inventory gets…

Q: profit margin, and inventory turnover of the company. Explain what each calculated ratio tells you…

A: Financial ratios are quantitative measurements that are used to evaluate and examine several facets…

Q: (True or False) Cost of sales, under the periodic system, is calculated as inventory at start (plus…

A: Periodic Inventory System - Under periodic inventory system cost of goods sold will be calculated at…

Q: 7. Inventory turnover a. measures the amount of inventory written off as obsolete. b. is found by…

A: The ratio analysis helps to analyse the different elements of the financial statements of the…

Q: Calculate the inventory turnover ratio and the average collection period. 1. 1.5 2. 1.5 3. 2.93 4.…

A: Ratio analysis means where different ratio of various years of years companies has been compared and…

Q: _____________________figures from a firm’s financial statements should be used as its flow rate when…

A: The Answer :

Q: Compared to using the FIFO method to account for inventory, during periods of risingprices, a…

A: USING OF LIFO METHOD

Q: 1. Journalize the adjustment for inventory shrinkage. 2. Journalize the adjustment for estimated…

A: Given: Merchandise inventory = $ 5,200 Inventory on June 30, 2018 = $ 4,900 Amount of Sold…

Q: Inventory Turnover Ratio shows the speed at which the Sales will be converted into cash. Select one:…

A: The ratio analysis helps to analyse the financial statements of the business.

Q: How do you calculate inventory turnover ratio

A: Inventory turnover ratio indicates how fast a firm converting its inventory into the cost of goods…

Q: In a period of rising prices, the inventory cost allocation method that tends to result in the…

A: In the period of rising prices, method resulting in highest net income would be the method under…

Q: Suppose Fine Chocolates Co. estimates bad debt under the aging method. Before adjusting entries at…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Inventory turnover is computed by dividing cost of goods sold by O 2x (ending inventory + beginning…

A:

Q: Given the profit loss (income statement) and balance sheet for Sam’s Sandwich Delivery (Table 4–8),…

A: Current Ratio = Current Assets/Current Liabilities Current Ratio = 28,253/10,659 Current Ratio =…

Q: multiple choice: Which of the following statements is TRUE? A. The inventory turnover ratio shows…

A: Ratio Analysis provides insights into the performance of the company based on various parameters.

Q: Define each of the following terms:e. Inventory conversion period; average collection period;…

A: Inventory conversion period The time between the day when the materials are purchased and the day…

Q: Which of the following ratios would a company want to see decrease over time? ROA Days Sales…

A: The statistical assessment of a company's financial success is done through ratio analysis. It…

Q: Compute the inventory turnover. (4) Inventory Turnover Choose Numerator: Choose Denominator:…

A: Inventory Turnover =COGS/Average Inventory Inventory Turnover is Ratio that measure how many times…

Q: calculate these g)   Inventory turnover      times (h)   Days in inventory      days (i)   Times…

A: g) For the year 2017

Q: Gross profit is calculated as the difference between net sales revenue and​ ________.         A.…

A: Revenue- Revenue refers to the quantity of cash that a corporation actually received during the…

Q: 8- Which of the following is the formula to compute inventory turnover? 50% a) The formula is cost…

A: Inventory turnover ratio is a efficiency ratio which measures how efficiently inventory is managed.…

Q: When an entity prepares financial statements in a current cost basis, how is the cost of goods sold…

A: This question is answered as per IAS 29 "Financial Reporting in Hyperinflationary Economies".

Q: .  Inventory turnover is calculated as __________ divided by __________. cost of goods sold;…

A: Ratios are used to measure the financial position of the organization with different kinds of ratios…

Q: Gross Margin of a Merchandise Business will be calculated by using which of the following formula?…

A: Introduction: Income statement: All revenues and expenses are shown in income statement. It tells…

Q: Dividing net sales on account by the average amount of net accounts receivable is the calculation…

A: Formula: Net sales = Sales - sales returns Deduction of sales returns from the sales derives the net…

Q: Which of the following shows the percentage of profit remaining after deducting cost of sales?( On…

A: The correct answer is "Gross Profit Margin."Gross Profit Margin is calculated by subtracting the…

Q: Define days' sales in inventory (what do the results mean). Provide an example

A: Days sales in inventory means how much days company will take to convert its inventory into sales.…

Q: Johnson would like to know the inventory turnover ratio. You may tell Johnson to a. Divide cost of…

A: Inventory turnover ratio provide the number of times inventory comes and is sold in a year.

Q: The process of recording inventory that gives a lower cost of a commodity sold in an income…

A: The inventory can be valued using various methods as LIFO, FIFO and average method.