Question: A company using a JIT system is most likely to have O high inventory turnover and low days in inventory. O low inventory turnover and

A company using a JIT system is most likely to have O high inventory turnover and low days in inventory. O low inventory turnover and low days in inventory. O low inventory turnover and high days in inventory. O high inventory turnover and high days in inventory

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!

A vertical analysis is best used to make comparisons between multiple companies. true False In vertical analysis of the income statement, we usually express each income statement item as a percentage...

Amount Cash $500,000 Accounts receivable 400,000 Inventory 300,000 Long-term assets 900,000 Total assets $2,100,000 Using vertical analysis, what percentage is applicable to Inventory? 14.3% 30.0%...

Big Hit, Inc., reported a net loss of $30 million in the current year and net income of $60 million in the prior year. Which of the following will be the percentage change in income? 150% 50% (50%)...

Partial financial information for Fleetwood Corporation is provided below. Assume all sales are on credit. Year 2 Year 1 Accounts receivable $150,000 $90,000 Inventory 195,000 130,000 Net sales...

Flowers on Demand, Co. has 200,000 shares outstanding and decides to buy back 3,000 shares at $10 each on February 20, 2020. Flowers then reissued 1,500 shares to the public on March 5, 2021 for $8...

Winter 2020 1. A company just starting in business purchased the merchandise inventory Rems at the following prices March 2. $150 March 7. $160 and March 15 $180, the companys two units for $250 each...

using these pages please solve the following ratios: average collection period inventory turnover ratio days in inventory gross margin ratio profit margin earnings per share 2,600.00 2,700.00...

Help me plz Cruz Company uses LIFO for inventory costing and reports the following financial data. talso recomputed Inventory and cost of goods sold using FIFO for comparison purposes. $ 200 780 270...

I need help understanding this project... Submit the Ratio Analysis portion of the final project. For this milestone, you will be analyzing the financial performance of Starbucks using the financial...

I hope that help At the beginning of the year 1, Down Under Company raises $400 million of equity and use the proceeds to buy a tendanset Operating profits betom delation all received in cash and...

Steve owns a car. He decides that he needs a loan in order to improve his house, so he goes to Liv. He agrees to give Liv a security interest in the car in exchange for $4,000. Two weeks later he...

For what kinds of audiences would you consider using comparative advertising? Why?

Cite examples of separation of controls in addition to those discussed in the text.

What are some important factors to consider in helping someone develop a plan for change ?

Often, people from cultures who employ a direct and personal style wrongly conclude that people who employ an indirect and contextual style are shy or apprehensive. Theyre probably neither. Be...

How does your language affect the way you think?

When you hear people speak a dialect of English different from yours, how do you feel about them?