The companies that manufacture products have inventory in various stages of production. They are raw material inventory, work in progress inventory and finished goods inventory. Each of these inventories must be calculated to understand how much inventory from that account moves to the next account. Usually turnover ratios measure how efficiently a company uses its assets. Here we will see how efficiently the company has used raw materials in the production of the product. To calculate: Raw material inventory turnover and the number of days sales in raw material inventory of Nestle.

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Answer 1

Question

Chapter 18, Problem 17QS

To determine

Introduction:

The companies that manufacture products have inventory in various stages of production. They are raw material inventory, work in progress inventory and finished goods inventory. Each of these inventories must be calculated to understand how much inventory from that account moves to the next account. Usually turnover ratios measure how efficiently a company uses its assets. Here we will see how efficiently the company has used raw materials in the production of the product.

To calculate:

Raw material inventory turnover and the number of days sales in raw material inventory of Nestle.

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Answer 2

Question

Chapter 18, Problem 17QS

To determine

Introduction:

The companies that manufacture products have inventory in various stages of production. They are raw material inventory, work in progress inventory and finished goods inventory. Each of these inventories must be calculated to understand how much inventory from that account moves to the next account. Usually turnover ratios measure how efficiently a company uses its assets. Here we will see how efficiently the company has used raw materials in the production of the product.

To calculate:

Raw material inventory turnover and the number of days sales in raw material inventory of Nestle.

Expert Solution & Answer

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Answer 3

Question

Chapter 18, Problem 17QS

To determine

Introduction:

The companies that manufacture products have inventory in various stages of production. They are raw material inventory, work in progress inventory and finished goods inventory. Each of these inventories must be calculated to understand how much inventory from that account moves to the next account. Usually turnover ratios measure how efficiently a company uses its assets. Here we will see how efficiently the company has used raw materials in the production of the product.

To calculate:

Raw material inventory turnover and the number of days sales in raw material inventory of Nestle.

Expert Solution & Answer

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Check out a sample textbook solution

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Answer 4

Question

Chapter 18, Problem 17QS

To determine

Introduction:

The companies that manufacture products have inventory in various stages of production. They are raw material inventory, work in progress inventory and finished goods inventory. Each of these inventories must be calculated to understand how much inventory from that account moves to the next account. Usually turnover ratios measure how efficiently a company uses its assets. Here we will see how efficiently the company has used raw materials in the production of the product.

To calculate:

Raw material inventory turnover and the number of days sales in raw material inventory of Nestle.

Expert Solution & Answer

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See solution

Answer 5

Chapter 18, Problem 17QS

To determine

Introduction:

The companies that manufacture products have inventory in various stages of production. They are raw material inventory, work in progress inventory and finished goods inventory. Each of these inventories must be calculated to understand how much inventory from that account moves to the next account. Usually turnover ratios measure how efficiently a company uses its assets. Here we will see how efficiently the company has used raw materials in the production of the product.

To calculate:

Raw material inventory turnover and the number of days sales in raw material inventory of Nestle.

Answer 6

Chapter 18, Problem 17QS

To determine

Introduction:

The companies that manufacture products have inventory in various stages of production. They are raw material inventory, work in progress inventory and finished goods inventory. Each of these inventories must be calculated to understand how much inventory from that account moves to the next account. Usually turnover ratios measure how efficiently a company uses its assets. Here we will see how efficiently the company has used raw materials in the production of the product.

To calculate:

Raw material inventory turnover and the number of days sales in raw material inventory of Nestle.

Answer 7

Chapter 18, Problem 17QS

To determine

Introduction:

The companies that manufacture products have inventory in various stages of production. They are raw material inventory, work in progress inventory and finished goods inventory. Each of these inventories must be calculated to understand how much inventory from that account moves to the next account. Usually turnover ratios measure how efficiently a company uses its assets. Here we will see how efficiently the company has used raw materials in the production of the product.

To calculate:

Raw material inventory turnover and the number of days sales in raw material inventory of Nestle.

Answer 8

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Answer 9

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Answer 10

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Answer 11

Ch. 18 - Prob. 1DQ Ch. 18 - Prob. 2DQ Ch. 18 - Prob. 3DQ Ch. 18 - Prob. 4DQ Ch. 18 - Prob. 5DQ Ch. 18 - Prob. 6DQ Ch. 18 - Prob. 7DQ Ch. 18 - Prob. 8DQ Ch. 18 - Prob. 9DQ Ch. 18 - Prob. 10DQ

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