A firm had a net income of $61.80 million last year, revenue of $181.64 million and cost

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A firm had a net income of $61.80 million last year, revenue of $181.64 million and cost of goods sold of $30.07 million. The balance sheet amounts show $8.68 million of inventory, $1,623,943 of property, plant, and equipment.

How many weeks of supply does the firm have?

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Financial Reporting Financial Statement Analysis and Valuation

ISBN: 978-0324302950

6th edition

Authors: Clyde P. Stickney

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Posted Date: Aug 26, 2023 02:34 PM

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A firm had a net income of $61.80 million last year, revenue of $181.64 million and cost

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To determine the number of weeks of supply the firm has we need to calculate the inventory turnover ... View the full answer

Financial Reporting Financial Statement Analysis and Valuation

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