Consider a firm with a 2010 revenue of S60 million and cost of goods sold of $25 million lf the balance shert amount show $4million of inventory and $1.5 million ofproperty, plant & equipment how many weeks of suppiy does the fim bolat(2 weeksinoneyear)(use 2 decimals) Select one O a.8.33 O b.6.25 Oc 13.75 O d. 400 Oe 12.50

Financial And Managerial Accounting
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ISBN:9781337902663
Author:WARREN, Carl S.
Publisher:WARREN, Carl S.
Chapter5: Accounting For Retail Businesses
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Problem 2MAD: Analyze Dollar General Dollar General Corporation (DG) is a discount retailer with more than 12,000...
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Consider a firm with a 2010 revenue of S60 million and cost of goods sold of $25 million lf the balance shert amount show $4million of inventory and $1.5 million ofproperty, plant & equipment how many weeks of suppiy does the fim bolat(2 weeksinoneyear)(use 2 decimals)
Select one
O a.8.33
O b.6.25
Oc 13.75
O d. 400
Oe 12.50

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Weeks of supply = ( Average inventory / Cost of goods sold ) * 52 weeks

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