#1159964

#1159964: Wage Garnishers, Inc. has sales for the year of $50,300 and cost of goods sold of $23,700. The firm carries an average inventory of $4,800 and has an average accounts payable balance of $4,400. What is the inventory period?

Wage Garnishers, Inc. has sales for the year of $50,300 and cost of goods sold of $23,700. The firm carries an average inventory of $4,800 and has an average accounts payable balance of $4,400. What is the inventory period?
Варианты ответа:
  • 12.39 days
  • 18.68 days
  • 31.29 days
  • 73.92 days.
  • 81.36 days

🔒 Ответ будет доступен после оплаты

Тематика: История управленческой мысли Основы менеджмента (История управленческой мысли) Теория менеджмента
📚 Похожие вопросы по этой дисциплине
Brown's Ferry Furniture Outlet has an accounts receivable period of 45 days and an accounts payable period of 96 days. The company turns over its inventory 2.8 times per year and marks up the inventory an average of 45 percent over its wholesale cost. What is the length of the firm's operating cycle? Michael Jackson, Inc. currently has an operating cycle of 154 days and a cash cycle of 38 days. The firm is implementing some changes that will reduce the inventory period by 16 days and decrease the receivables period by 4 days on average. The accounts payable period will be decreased by 4 days. How many days will be in the new cash cycle once all of these changes become effective? Which one of the following is most likely the fastest method of collecting cash? Which one of the following is a primary benefit of implementing zero-balance accounts into a cash management system? A firm offers credit terms of 1/5, net 25. How long is the net credit period?