What is the quantity of units available for sale for the year?

Q: Define annual percentage rate (APR)

A: A rate at which a borrower is ready to pay and depositor is ready to receive the money is known as…

Q: Which year had a better performance?

A: Year in which net sales of the company is more, will be year which had a better performance. Net…

Q: What factors might call for inventory valuation at salesprices (net realizable value or market…

A: Inventory: Inventory refers to the stock of a business which is traded to earn profits.

Q: What is the inventory turnover for Enoteca Fine Wines?

A: The  inventory turnover ratio is an important ratio for analysis of financial statement and this…

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: The length of time between the acquisition of inventory and payment for it is called the a.…

A: Introduction: Balance sheet: All Assets and liabilities are shown in Balance sheet. It tells the net…

Q: What is the Times-interest·earned ratio?

A: It is important to analyze whether a company has ability to pay off its debts. Means, it is…

Q: What is the effective annual rate (EAR) and what is the purpose.

A: The effective Annual Rate (EAR) is the rate of interest actually earned on an investment or paid on…

Q: How to calculate Rent income from income statement

A: Income Statement- It is a report that shows an organization's revenues, expenses, and net profit and…

Q: What is inventory conversion period?

A: Conversion period refers to the length of period at which one asset is converted into another form.…

Q: How is the desired closing inventory calculated

A: A production budget is a kind of budget that shows the total number of products that must be…

Q: Which ratio can provide an indication of the salability of the company's products?

A: Accounting ratios, often known as financial ratios, describe the correlations between the figures on…

Q: How did you come up the number for Income before income tax, why did you subtract the quipment cost.

A: Income before tax=Tax expenseTax rate-Depreciation expense

Q: What does the retail inventory estimates?

A: Retail inventory method:   The retail inventory method is used to calculate the value of ending…

Q: Describe the Depreciation Allowance under Inflation?

A: Depreciation: Depreciation is an accounting method to calculate the value of a tangible asset during…

Q: How to identify net revenue for the current FY?

A: For identifying the revenue earned during the current year the accrual principle of accounting needs…

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: What is the median income?

A: Income distribution specifies how the countries income or GDP is distributed among the population.…

Q: What is gross profit? How do you calculate it?

A: Gross margin (gross profit): Gross margin is the amount of revenue earned from goods sold over the…

Q: What is the formula for the percentages under expenses?

A: The percentage of sales is calculated by dividing the concern value by the sales and multiplying it…

Q: What can be understood from annual percentage rate (APR)?

A: Annual percentage rate (APR): The yearly rate charged for borrowing or picked up from speculation is…

Q: What is the difference between gross income and net income?

A: Gross income refers to the income or profit remaining after all the production related expenses are…

Q: What is the gross profit and how do i calculate it

A: Manufacturing department profit is also known as gross profit. This profit includes only costs…

Q: If a company understates its inventory, what are the effects on cost of goods sold and net income…

A: The cost of goods sold is calculated as difference between cost of goods available for sale and…

Q: How should you compute the number that appears as "cost of good sold" in a common-size income…

A: Lets understand the basics.There are two type of analysis are made.(1) Verticle analysis(2)…

Q: Chapter 12 discusses revenue per employee ratio.   What does this ratio measure?   What is the…

A: The revenue per employee ratio is a financial ratio that measures the revenue generated by each…

Q: Define average days in inventory.

A: Definition: Inventory turnover: This is the ratio that analyzes the number of times inventory is…

Q: What makes up gross income?

A: Gross income is direct income of a business generated from direct revenues of the company. It is an…