Inventory AnalysisA company reports the following:Cost of merchandise sold $558,000Average inventory45,000Determine (a) the inventory turnover and (b) the number of days' sales in inventory. Roundinterim calculations to the nearest dollar and final answers to one decimal place.Assume 365 days a year.a. Inventory turnoverb. Number of days' sales in inventorydays

a. To calculate the inventory turnover:

Answered: Inventory Analysis A company reports…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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Compute the specified quantity. Source: Financial Industry Regulatory Authority (www.finra.org) A 5 year bond costs $10,000 and will pay a total of $4,800 in interest over its lifetime. What is its annual interest rate r (as a percent)? (Round your answer to three decimal places.) % r =
Calculate the amount of money you'll have at the end of the indicated time period, assuming that you earn simple interest. You deposit $3100 in an account with an annual interest of 4.7% for 20 years. The amount of money you'll have at the end of 20 years is $ (Type an integer or a decimal.)
d. After one year, ________% of the information is remembered.(Round to one decimal place as needed.)
Make a partial depreciation schedule for the first year using the units-of-production depreciation for a laser engraver that costs $38,000 and has a scrap value of $4,000. The engraver has an expected life of 400,000hours and is expected to last 15 years. Year Hours used Annual depreciation Accumulated depreciation End-of-year book value 1 24,231 Complete the table below. Year Hours used Annual depreciation Accumulated depreciation End-of-year book value 1 24,231 $enter your response here $enter your response here $enter your response here (Type an integer or decimal rounded to the nearest cent as needed.)
The principal represents an amount of money deposited in a savings account subject to compound interest at the given rate. Principal $6000 Compounded semiannually Rate Time 8% 3 years A. Find how much money there will be in the account after the given number of years. B. Find the interest earned. A. The amount of money in the account after 3 years is $ (Round to the nearest hundredth as needed.) B. The amount of interest earned is $ (Round to the nearest hundredth as needed.)
As one of the loan officers for Grove Gate Bank, calculate the monthly principal and interest, PI (in $), using this table and the monthly PITI (in $) for the mortgage. (Round dollars to the nearest cent.) AmountFinanced InterestRate Termof Loan(years) MonthlyPI AnnualPropertyTax AnnualInsurance MonthlyPITI $230,000 9.50% 25 $ $6,573 $2,126 $
Use PMT = . Round to the nearest dollar. Suppose that you borrow $10,000 for four years at 7% toward the purchase of a car. Find the monthly payments and the total interest for the loan. A.$281; $13,488 B.$239; $1472 C.$624; $19,952 D.$239; $11,472
ASAP
Question7 a.what is the annual rate ? R= ___ b. What is the correct answer from part A written in percentage form ? r=_____% c. What will the value be in the year 2008? value $= ____
As one of the loan officers for Grove Gate Bank, calculate the monthly principal and interest, PI (in $), using this table and the monthly PITI (in $) for the mortgage. (Round dollars to the nearest cent.) AmountFinanced InterestRate Termof Loan(years) MonthlyPI AnnualPropertyTax AnnualInsurance MonthlyPITI $127,700 6.75% 15 $ $2,370 $1,325 $

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