Which of the following is false?          Question 33 options:   a)  Inventory turnover ratio is calculated by dividing COGS by the average value of inventory over the period.   b)  Inventory ratio is equal to the number of times inventory was completely purchased and sold (turned over) during the period.   c)  Higher days' sales in inventory means that inventory is less likely to become obsolete because it is sold in fewer days   d)  Days' sales in in

Q: Use the following information relating to Clover Company to calculate (a) the inventory turnover…

A: The ratio is calculated to determine the relationship between 2 numbers. In accounting, Ratios are…

Q: QUESTION 4 A firm has a high level of inventory turnover and uses the First lIn First Out (FIFO)…

A: Inventory: Inventory is a physical item of trade sold by suppliers during their accounting period.…

Q: When analyzing financial statements, what can you conclude when the inventory turnover ratio…

A: While analyzing the financial statements, we observe that the inventory turnover ratio increases…

Q: 35) What is the inventory at the end of the first quarter? A) 725 B) 525 C) 50 D) 75   36)…

A: Inventory: It refers to the goods used in the manufacturing of goods and services. Inventory is…

Q: I know that the number of days sales In inventory is the average inventory divided by the avg daily…

A: Inventory value is calculated as the total cost of your inventory at the end of each accounting…

Q: A company reports the following: Cost of goods sold $335,070 Average inventory 74,460 Determine (a)…

A: Inventory turnover ratio means the number of times a company turns its inventory into sales. The…

Q: Which of the following statements are true? Multiple Cholce none of the statements are true The…

A: The 2 statement is not true, as higher the number of days sales in receivable indicates that the…

Q: 10.In periods of rising prices (inflation), the use of which of the following inventory cost flow…

A: Under first in first out method, the goods which are brought into the inventory first are sold first…

Q: Hunter, Inc. uses the LIFO method of inventory costing and is facing the possibility of a LIFO…

A: Concept : It occurs when a company using LIFO inventory valuation method sells more goods old stock…

Q: periods of rising prices? • EX 6-15 Lower-of-cost-or-market inventory On the basis of the following…

A: THE COMPANY NEEDS TO VALUE ITS INVENTORY AT COST OR MARKET VALUE WHICH EVER IS LOWER .

Q: Part One: Explanation 1. If merchandise inventory is being valued at cost and the price level is…

A: FIFO, LIFO and weighted average are different cost flow assumptions with regard to the cost of…

Q: What critical assumptions has TESLA made to value inventory? Does TESLA use FIFO or LIFO? Explain…

A: Inventory Valuation There are different method which are adopted in the valuation of the inventory.…

Q: Inventory Analysis A company reports the following: Cost of goods sold $381,425 Average inventory…

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

Q: Indicate the most likely effect of the following changes in inventory management on the…

A: Inventory turnover represents the amount of times an organisation sells and substitutes the…

Q: Project the average inventory balance in Year X and use it to compute the implied ending inventory…

A: The term sales revenue represents gross earnings generated by selling goods and services in the…

Q: Contrast the effects that LIFO vs. FIFO would have on ending inventory, net income and cash flow in…

A: Inventory Valuation There are many methods which are used to measure the inventory valuation in the…

Q: ng: Cost of goods sold $442,380 Average inventory 73,730 Determine (a) the inventory turnover

A: Given  A company reports the following: Cost of goods sold $442,380 Average inventory 73,730…

Q: The gross profit technique implies that A. The value of the inventory has not grown from prior…

A: The amount of ending inventory for a reporting period is estimated using the gross profit technique.…

Q: The following statement is TRUE / FALSE (circle one). Under current U.S. GAAP, when a firm using…

A: Cost of goods sold is described as the amount or cost which is incurred by the business to…

Q: You are the manager of a successful retail operation.  Inflation has been running at 3% per year on…

A: In accounting there are different methods that we can use for accounting of inventory. The main…

Q: a. Why is a high inventory turnover considered to be a positive indicator?b. Is it possible to have…

A: a.Inventory turnover shows the company’s ability to sell its inventory, it is shown in terms of…

Q: a. Determine for each year (1) the inventory turnover and (2) the number of days' sales in…

A: Inventory turnover:   Inventory turnover ratio is a measure of liquidity, which evaluate how…

Q: Basic inventory data for April 30 are presented below for a business that employs the…

A: Value of inventory = lower of cost and market value

Q: 13.In periods of rising prices, which is an advantage of using the LIFO inventory costing method? a.…

A: LIFO method: LIFO means Last-In-Last-out. Under this method good purchased last are first issued to…

Q: Assume that the ending inventory of a merchandising firm is overstated by $40,000. a. By how much…

A: The cost of goods sold formula is calculated by adding purchases for the period to the beginning…

Q: Which of the following is false? Select one: a. Day's sales in inventory is equal to the average…

A: The correct option is part (b), that is higher day’s sales in inventory means that inventory is less…

Q: 9. Assuming that Rich does not maintain perpetual inventory records, what should be the inventory at…

A: Under perpetual inventory system transaction of the sale or purchase as and when it occurred as…

Loanable Funds Theory

The loanable funds theory is a neoclassical theory that determines the interest rate where the demand for loanable investments and supply of loanable funds intersect. To determine the interest rate, this theory employs linear regression and a demand curve. At the equilibrium point, demand for borrowings and demand for the issuance of borrowing funds are inextricably linked. This point of equilibrium should equalize demand and the supply of money available for borrowing.