Eagles Corp. has total current assets of $13,495,000, current liabilities of $7,556,000, and a quick ratio of 0.82. What is its level of inventory?
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Eagles Corp. has total current assets of $13,495,000, current liabilities of $7,556,000, and a quick ratio of 0.82. What is its level of inventory?
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- Eagles Corp. has total current assets of $13,495,000, current liabilities of $7,556,000, and a quick ratio of 0.82. What is its level of inventory?What is its level of inventory?Soaring Eagles Corp. has total current assetsof $11,320,000, current liabilities of $5,204,000 and a quick ratio of 0.84.What is its level of inventory?
- Ivanhoe Corp. has total current assets of $6,608,000, current liabilities of $4,255,000, and a quick ratio of 0.91. How much inventory does it have?What is the value of inventory listed on the firm's balance sheet??A firm has Sales of $1,030, Net Income of $207, Net Fixed Assets of $506, and Current Assets of $262. The firm has $82 in Inventory. What is the common-size balance sheet value of Inventory?
- Rascal Flats has a current ratio equal to 1.6 and a quick ratio equal to 1.2. The company’s COGS are $2,000,000 and its current liabilities are $1,000,000. What is the company’s inventory turnover ratio?What is the inventory turnover ratio for ABC Corp. if cost of goods sold equals $5,000, current ratio equals 3, quick ratio equals 1.5, and the firm has $1,800 in current assets? A. 2.78 times B. 4.17 times C. 5.56 times D. 8.33 timesIf a company has sales of $1,300,000 and inventory of $245,000 and net income of $85,000, what is their inventory turnover?
- Corrigan Corporation had beginning inventory of $20,000 and ending inventory of $24,000. Itsnet sales were $164,000 and net purchases were $81,000.12. What is Corrigan’s rate of inventory turnover?a. 3.2 timesb. 3.9 timesc. 3.5 timesd. 4.0 timesIf PetCo had net sales of $600,000, goods available for sale of $450,000, and cost of goods sold of $375,000, what is its grossmargin? What amount of inventory will be shown on its balance sheet?What is the total value of its inventory and prepaid expenses for this financial accounting question?
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