_____________________figures from a firm’s financial statements should be used as its flow rate when computing its inventory turns?

Q: How do you measure gross margin return on inventory(GMROI)?

A: GMROI is a measure of inventory profitability where, it measures how much profit does the sales…

Q: Generally accepted accounting principles require that the inventory of a company be reported at:…

A: The inventory can be reported at various values as historical cost, market value, net realisable…

Q: What is the inventory turnover? What type of analysis is it, liquidity, profitability, or Solvency?…

A: The ratio analysis helps to analyse the financial statements of the business of the business.

Q: A production cost report aids in preparing an income statement by providing data for? ------- A.…

A: Income statement:- An income statement is helpful in the determination of total revenues and…

Q: Explain the two methods of inventory tracking: inventory turnover ratio and number of days' sales in…

A:

Q: What is inventory turnover Ratio? Explain its significance.

A: Explain the meaning of inventory turnover ratio and its significance:Inventory turnover ratio:…

Q: What is inventory turnover ratio?

A: Inventory:   It can be described as a good or material that a company holds for the purpose of…

Q: Explanation consideration for business while d a inventory system from  lifo fifo and weighted…

A: LIFO (Last in first out) LIFO is used to place an accounting value of inventories. It is based on…

Q: How do you calculate inventory turnover ratio

A: Inventory turnover ratio indicates how fast a firm converting its inventory into the cost of goods…

Q: inventory turnover ratio

A: Stock Holder ratio also known as Equity Ratio. Its formula =  Shareholder Equity / Total Assets…

Q: Every company or organisation placed inventory as an important aspect for their  businesses. Discuss…

A: Inventory can be defined as assets held for sale in the ordinary course of business or in the…

Q: Which of the following is NOT an efficiency ratio us financial statement review? OOC Operating…

A: Efficiency ratio how much is the firm efficient and more efficiency mean more profit and more growth…

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: What does the retail inventory estimates?

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

Q: Based on the above information, answer questions below. @ Using Time-Series Analysis, comment on the…

A: Time series analysis of financial numbers mean determining the trend associated with the financial…

Q: a. Based on Table 1, compute the company's supply chain performance in terms of inventory turnover…

A: The answer is stated below:

Q: a. Compute the inventory turnover ratio (ITR). b. Compute the weeks of supply (WS).

A: Inventory Turnover Ratio (ITR) = Cost of Goods sold/Total Inventory Total Inventory = Value of…

Q: How is this ratio calculated? What does the ratio show? Using the data below (Sunn Corporation) ,…

A: The inventory turnover ratio expresses the relationship between the average cost of goods sold…

Q: The inventory turnover ratio a. measures management’s ability to productively employ all of…

A: No, option “d” is not the correct answer.

Q: (A) What is the annual ordering ost of the company's current inventory policy? (B) What is the…

A: The economic order quantity (EOQ) is a quantity that a company should buy to minimize its cost of…

Q: What is the average collection period, the average inventory processing period for GCI Company?

A: Turn over ratios are the ratios used for measuring the ratio of assets and liabilities in relation…

Q: The inventory costing method selected by a company canaffecta. The balance sheet.b. The income…

A: A merchandising organization can set up a precise income statement, statement of retained earnings,…

Q: 1. Explain the effect of each inventory cost flow method on the company's net income 2. Recommed one…

A: There are primarily four type of inventory cost method- 1. First in first out method2. Last in first…

Q: Define average days in inventory.

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

Q: Define Inventory turnover ratio.

A: Ratio analysis: The analysis of a company using the financial ratios and comparing its trends and…

Q: What is the cost of inventory of Z Company on December 31?  What amount of cost of goods sold…

A: In weighted average method of inventory valuation, the price of the inventory is based on…

Q: 1- Your CFO gives you this data and asked you to help him by calculating the Inventory Carrying…

A: 1) Inventory Carrying rate = {Inventory Costs ÷ Inventory Value} + Opportunity Cost + Insurance +…

Q: NEED ANSWER ASAP Q: USING THE BALANCE SHEET PROVIDED, WHAT IS THE AVERAGE FINISHED GOODS INVENTORY?…

A: Finished goods inventory means amount of remaining unsold finished goods held by the business. This…

Q: When a company organizes its inventory based on its relative importance, it is using Select one: O…

A: ABC analysis is a technique for material management. It is categorization of items into 3 categories…

Q: Accountants at UltraTech obtain their values for inventory and total assets, calculate the balance…

A: Inventory to assets ratio is a financial ratio used for the analysis of financials of the company.…

Q: Define Inventory Turnover?

A: “Since you have asked multiple questions, we will solve the first question for you.  If you want a…

Q: Briefly describe the ratios that can be used to evaluate a company’s ability to sell merchandise…

A: The  ratios that point out the efficiency of company in “selling merchandise inventory and collect…

Q: (a) (b) (c) (d) Explain what is meant by "cost of sales". Calculate the cost of sales for the month…

A: FIFO stans for First in First Out. It is one of a method of valauation of inventory.  Under this…

Q: Calculate the Inventory Turnover and Day Sales in Inventory ratios for Hayden Co. assuming the FIFO…

A: Inventory turnover ratio is calculated as cost of goods sold divided by average inventory.

Q: Stanley's inventory turnover ratio is?

A: The ratio is used to evaluate the firm's financial situation and helps management in making…