ted that the next year's sales of the business will be TL 3,150,000. If the inventory turnover rate is 9, what is the a

Q: Beach Wear has current liabilities of $350,000, a quick ratio of 1.65, an inventory turnover of 3.2,…

A: Ratio analysis is a method of measuring the financial position of the organization with different…

Q: 1. Bowa Construction's days sales outstanding is 50 days (on a 365-day basis). The company's…

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

Q: Alta Construction days sales outstanding is 50 days (365 days in a year). The company’s accounts…

A: Financial ratios give us an idea about the financial performance of the company. Inventory turn over…

Q: James Corp provided the ff. information for the current year: Beginning inventory 400,000 Freight…

A: Cost of goods sold  = Selling Expenses x 6 = 1,250,000 x 6  = 7,500,000   Net Purchases = Cost of…

Q: 5. The total sales this year is ₱1,200,000, which resulted from an increase in sales for 10%. How…

A: SOLUTION-   SALES IS 1200000 WHICH WAS RESULT IN 10% INCREASE IN SALES FROM LAST YEAR .IT MEANS ITS…

Q: A company has sales of $1,200,000. COGS is $900,000. Average inventory is $200,000. What is the…

A: An evaluation method that provides information regarding the number of days inventory held in the…

Q: - If the sales of a business are 2.400.000 TL and the cost of goods sold is 400.000 TL, what is the…

A: Gross Profit: Difference between the sales and the cost of goods sold is called gross Profit. Gross…

Q: Ivanhoe Corp. has a gross profit margin of 35.00 percent, sales of $33,000,000, and inventory of…

A: A ratio that provides information regarding the number of times a company sold or replaced its…

Q: 7. Charles Inc. has an ending inventory of $423,425, and the cost of goods sold for the year just…

A: Solution:- Inventory Turnover ratio computes the pace at which the inventory is being used.

Q: 15. Mitra Company has a quick ratio value of 1.5. It has total current assets of $100,000 and total…

A: Quick Ratio = 1.5 Current Assets = $100,000 Current Liabilities = $25,000 Sales = $200,000

Q: 92. BreakEven Corporation Selected Financial Data Current Assets 180,000 50,000 880,000 120,000…

A: 92. Average Days of Inventory = 365 x Average Inventory / Cost of Goods Sold Average Inventory =…

Q: A company had an average inventory last year of $180,000 and its inventory turnover was 5. If sales…

A: Inventory Turnover Ratio: Inventory turnover refers to the pace at which inventory stock is sold,…

Q: Problem 7. Consider the following data about Rock N' Roses Corp: Current ratio, 0.50; Quick ratio,…

A: We have assumed that prepaid expenses are not there . Current ratio = Current AssetsCurrent…

Q: A company has an average inventory on hand of P100,000 and the days in inventory are 73 days. What…

A: Days in inventory=Average inventoryCost of goods sold×365 days

Q: 4. The records of Ree-ree Co. show the following information:     Increase in Accounts Payable…

A: The cost of goods sold is calculated as: Opening inventory + Purchases - Ending inventory

Q: Viper Construction’s days sales outstanding is 50 days (on a 365-day basis). The company’s accounts…

A: Inventory turnover ratio = Sales  / average inventory Day's Sales outstanding = 50 days  Day's Sales…

Q: For the goods purchased by the business, the Availability of Goods at the Beginning of the Period is…

A: Cost of goods sold means actual cost of goods that are being sold to the customers.

Q: How much is the cost of sales at Dec 31, 20X2?

A: Cost of Sales represent the cost of goods sold during the year. This excludes the cost of unsold…

Q: 15. Zoom has Quick ratio of 3x, sales of $120,000, in addition it has current assets of $170,000 and…

A: Since only Question 15 is clear and complete ly visible in the picture, so the following solution is…

Q: Answer each of the questions in the following unrelated situations. The current ratio of a company…

A: As per authoring guidelines the first question is answered. Please repost the question specifying…

Q: What is the inventory turnover ratio for ABC Corp. if cost of goods sold equals $5,000, current…

A: Given the following information: Cost of goods sold: $5,000 Current ratio: 3 Quick ratio: 1.5…

Q: Taft Technologies has the following relationships: annual sales $1,200,000 current liabilities…

A: The total current assets consist of cash, inventories, and accounts receivables. The inventory…

Q: ABC Company has sales of $500,000, COGS of $250,000, operating expenses of $200,000, net income of…

A: The times interest earned ratio is calculated as EBIT or operating income divided by Interest…

Q: Viper Construction’s days sales outstanding is 50 days (on a 365-day basis). The company’s accounts…

A: Inventory Turnover ratio is the ratio through which companies calculate its rate at which they…

Q: Encore Construction days sales outstanding is 50 days (365 days in a year). The company’s accounts…

A: Inventory Turnover Ratio is an activity ratio which defines the number of times a corporation is…

Q: 5. If a firm's cost of goods sold is $5 million and its inventory turnover is ten times, what is the…

A: Inventory turnover Ratio: It is a measure of the number of times inventory is sold in a year and is…

Q: Answer each of the questions in the following unrelated situations.(a) The current ratio of a…

A: Hey, since there are multiple questions posted, we will answer the first question. If you want any…

Q: h Wear has current liabilities of RM350,000, a quick ratio of 1.65, inventory turnover of 4.7, and a…

A: We need to compute the cost of goods sold. Current ratio = Current assets / Current liabilities…

Q: Libscomb Technologies' annual sales are $5,153,262 and all sales are made on credit, it purchases…

A: Inventory Turnover calculates the number of times a company sells its inventory in a year.

Q: The expenses other than interest expense of Ratio Company for the current year is 40% of cost of…

A: First of all, profit before tax shall be calculated so that other items could be find accordingly.

Q: Cullumber Corp. has a gross profit margin of 40.00 percent, sales of $39,000,000, and inventory of…

A: Inventory turnover is a ratio showing how many times a company has sold and replaced inventory…

Q: he annual production capacity of Enterprise A is 20,000 units. For the year 2020 of the enterprise;…

A: Fixed cost are of two types (1) Individual fixed cost or specific fixed cost (2) common fixed cost…

Q: AAA's inventory turnover ratio is 13.27 based on sales of $14,200,000. The firm's current ratio…

A: The formulae to be used in the question are Inventory turnover = SalesInventoryCurrent ratio =…

Q: 16. Assume a beginning inventory of $28,000, ending inventory of $47,000, purchases of $110,000, and…

A: Gross Profit: Gross Profit is the profit that the company earns after deducting the cost of goods…

Q: ABC Company Limited has an inventory conversion period of 45 days, an accounts receivable collection…

A: Information provided in question :- Number of days = 360 days in a year  Inventory conversion period…

Q: During September, Aparna had sales of 148,000, which made a gross profit of 40,000. Purchases…

A: Solution..   Sales = Rs148,000 Gross profit = Rs40,000  Purchase = Rs100,000  Opening inventory =…

Q: 4. The quick ratio is 1.7 while the current ratio is 2.5. The current liabilities amount to…

A: Note: Hi! Thank you for the question, As per the honor code, we are allowed to answer three…

Q: Corrigan Corporation had beginning inventory of $20,000 and ending inventory of $24,000. Itsnet…

A: Inventory Turnover is calculated to measure the level of inventory hold by the firm compared to…

Q: 137.Blue Spruce Corp. had net credit sales of $13013000 and cost of goods sold of $9376000 for the…

A: The answer is as fallows

Q: Answer each of the questions in the folowing unrelated situations. (a) The curent ratio of a company…

A: As posted multiple independent questions we are answering only first question kindly repost the…

Q: The expenses other than interest expense of Ratio Company for the current year is 40% of cost of…

A: First of all we should try to calculate profit before tax by using the formula: = Profit after tax /…

Q: Inventory Turnover Ratio                                               6 Times Creditors Turnover…

A: Inventory turnover ratio: =Cost of goods sold  / average inventory Purchases: = Cost of goods sold +…

Q: Libscomb Technologies' annual sales are $5,433,041 and all sales are made on credit, it purchases…

A: Inventory turnover ratio: Inventory turnover ratio is the relationship between the cost of goods…

Q: A firm has $200 million annual sales, $180 million costs of goodssold, $40 million of inventory, and…

A: Information Provided: Annual sales = $200 million COGS = $180 million Inventory = $40 million…

Q: Charlie’s Cycles Inc. has $110 million in sales. The companyexpects that its sales will increase 5%…

A: The inventory turnover ratio is the ratio which shows the average number of times the average…