Use the following information for problems g9 and 10.o.oos 2omle yslgaib of oli sula awolls Isbom snilno sriT al The Hayley-Girl Soup Company's operations manager wants to calculate a number of performance statistics for an upcoming meeting using the information shown here. simota Net sales = $1,450,627 noi alshotu Cost of goods sold (purchases) = $675,860 Current liabilities = $86,904 %3D nsio Current assets $327,176 Rent = $144,00o Average inventory value = $163,465 Labor cost = $226,693 Annual production = 2,608,184 cans %3D Net income after taxes = $94,153 9. Calculate the profit margin, current ratio, inventory turnover, and purchasing efficiency (given an annual Ast achasing cost goal of $600,00o). pur- aiv boy 10 rand mu ultiple factor preductivitios
Use the following information for problems g9 and 10.o.oos 2omle yslgaib of oli sula awolls Isbom snilno sriT al The Hayley-Girl Soup Company's operations manager wants to calculate a number of performance statistics for an upcoming meeting using the information shown here. simota Net sales = $1,450,627 noi alshotu Cost of goods sold (purchases) = $675,860 Current liabilities = $86,904 %3D nsio Current assets $327,176 Rent = $144,00o Average inventory value = $163,465 Labor cost = $226,693 Annual production = 2,608,184 cans %3D Net income after taxes = $94,153 9. Calculate the profit margin, current ratio, inventory turnover, and purchasing efficiency (given an annual Ast achasing cost goal of $600,00o). pur- aiv boy 10 rand mu ultiple factor preductivitios
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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