The average inventory and inventory turnover rounded off to nearest tenth of Satellite Communications which had net sale of $2,650,000 and beginning and ending inventory are provided as $495,000 and $380,000 respectively. Also, calculate the target average inventory needed to theoretically come up to the industry standards if the turnover is less than 7 times.

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Answer 1

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Chapter 16.III, Problem 9TIE

To determine

To calculate: The average inventory and inventory turnover rounded off to nearest tenth of Satellite Communications which had net sale of $2,650,000 and beginning and ending inventory are provided as $495,000 and $380,000 respectively. Also, calculate the target average inventory needed to theoretically come up to the industry standards if the turnover is less than 7 times.

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Answer 2

Question

Chapter 16.III, Problem 9TIE

To determine

To calculate: The average inventory and inventory turnover rounded off to nearest tenth of Satellite Communications which had net sale of $2,650,000 and beginning and ending inventory are provided as $495,000 and $380,000 respectively. Also, calculate the target average inventory needed to theoretically come up to the industry standards if the turnover is less than 7 times.

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Answer 3

Question

Chapter 16.III, Problem 9TIE

To determine

To calculate: The average inventory and inventory turnover rounded off to nearest tenth of Satellite Communications which had net sale of $2,650,000 and beginning and ending inventory are provided as $495,000 and $380,000 respectively. Also, calculate the target average inventory needed to theoretically come up to the industry standards if the turnover is less than 7 times.

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Answer 4

Question

Chapter 16.III, Problem 9TIE

To determine

To calculate: The average inventory and inventory turnover rounded off to nearest tenth of Satellite Communications which had net sale of $2,650,000 and beginning and ending inventory are provided as $495,000 and $380,000 respectively. Also, calculate the target average inventory needed to theoretically come up to the industry standards if the turnover is less than 7 times.

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Answer 5

Chapter 16.III, Problem 9TIE

To determine

To calculate: The average inventory and inventory turnover rounded off to nearest tenth of Satellite Communications which had net sale of $2,650,000 and beginning and ending inventory are provided as $495,000 and $380,000 respectively. Also, calculate the target average inventory needed to theoretically come up to the industry standards if the turnover is less than 7 times.

Answer 6

Chapter 16.III, Problem 9TIE

To determine

To calculate: The average inventory and inventory turnover rounded off to nearest tenth of Satellite Communications which had net sale of $2,650,000 and beginning and ending inventory are provided as $495,000 and $380,000 respectively. Also, calculate the target average inventory needed to theoretically come up to the industry standards if the turnover is less than 7 times.

Answer 7

Chapter 16.III, Problem 9TIE

To determine

To calculate: The average inventory and inventory turnover rounded off to nearest tenth of Satellite Communications which had net sale of $2,650,000 and beginning and ending inventory are provided as $495,000 and $380,000 respectively. Also, calculate the target average inventory needed to theoretically come up to the industry standards if the turnover is less than 7 times.

Answer 8

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Answer 9

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Answer 11

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