The revenue for a firm is $2,500,000. Its cost of revenue is $850,000, and its average inventory for the year is $62,000. What is the inventory turnover? 2. Given the following information, what is the annual inventory turnover ratio?
The revenue for a firm is $2,500,000. Its cost of revenue is $850,000, and its average inventory for the year is $62,000. What is the inventory turnover? 2. Given the following information, what is the annual inventory turnover ratio?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Spreausneet ProblemsS
1. The revenue for a firm is $2,500,000. Its cost of
revenue is $850,000, and its average inventory for the
year is $62,000. What is the inventory turnover?
2. Given the following information, what is the annual
inventory turnover ratio?
Revenue
$22,000,000
Cost of Revenue
$1,250,000
Quarter 1 Ending Inventory
$85,000
Quarter 2 Ending Inventory
$98,000
Quarter 3 Ending Inventory
$125,000
Quarter 4 Ending Inventory
$68,000
3. Given the following information, compute the
economic order quantity, annual holding cost, annual
order cost, and annual total inventory cost.
Annual requirements (R)
= 50,000 units
Order cost (S)
= $150 per order
Holding rate (k)
= 15%
Unit cost (C).
= $100 per unit
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Transcribed Image Text:3:17
Supply Chain
Management:
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Print
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Annotations Ac
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Spreausneet ProblemsS
1. The revenue for a firm is $2,500,000. Its cost of
revenue is $850,000, and its average inventory for the
year is $62,000. What is the inventory turnover?
2. Given the following information, what is the annual
inventory turnover ratio?
Revenue
$22,000,000
Cost of Revenue
$1,250,000
Quarter 1 Ending Inventory
$85,000
Quarter 2 Ending Inventory
$98,000
Quarter 3 Ending Inventory
$125,000
Quarter 4 Ending Inventory
$68,000
3. Given the following information, compute the
economic order quantity, annual holding cost, annual
order cost, and annual total inventory cost.
Annual requirements (R)
= 50,000 units
Order cost (S)
= $150 per order
Holding rate (k)
= 15%
Unit cost (C).
= $100 per unit
Previous page
Next page
Essay/Project Questions
Cases
AA
A ebooks.cenreader.com
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