Business, 03.12.2021 01:00, amylumey2005
Inventory Analysis The following data were extracted from the income statement of Keever Inc.: Current YearPrevious Year Sales$18,500,000 $20,000,000 Beginning inventories940,000 860,000 Cost of goods sold9,270,000 10,800,000 Ending inventories1,120,000 940,000 a. Determine for each year (1) the inventory turnover and (2) the number of days' sales in inventory. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume 365 days a year. Current YearPrevious Year 1. Inventory turnoverfill in the blank 1 fill in the blank 2 2. Number of days' sales in inventoryfill in the blank 3 daysfill in the blank 4 days b. The inventory position of the business has . The inventory turnover has , while the number of days' sales in inventory has . The sales volume has faster than the inventory, resulting in a
Answers: 2
Business, 22.06.2019 08:30, adambbogard1589
Match the items with the actions necessary to reconcile the bank statement.(there's not just one answer)1. interest credited in bank account2. fee charged by bank for returned check3. checks issued but not deposited4. deposits yet to be crediteda. add to bank statementb. deduct from bank statementc. add to personal statementd. deduct from personal statement
Answers: 2
Business, 22.06.2019 16:10, olly09
The following are line items from the horizontal analysis of an income statement:increase/ (decrease) increase/ (decrease) 2017 2016 amount percent fees earned $120,000 $100,000 $20,000 20% wages expense 50,000 40,000 10,000 25 supplies expense 2,000 1,700 300 15 which of the items is stated incorrectly? a. fees earned b. supplies expense c. none of these choices are correct. d. wages expense
Answers: 3
Business, 22.06.2019 16:40, jojo171717
Based on what you learned about time management which of these statements are true
Answers: 1
Inventory Analysis The following data were extracted from the income statement of Keever Inc.: Curre...
Mathematics, 29.08.2019 06:50
Mathematics, 29.08.2019 06:50
Mathematics, 29.08.2019 06:50
Mathematics, 29.08.2019 06:50