Consider a firm with an annual net income of $35 million, revenue of $150 million and...
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Consider a firm with an annual net income of $35 million, revenue of $150 million and cost of goods sold of $55 million. If the balance sheet amounts show $5.1 million of inventory and $1,000,000 of property, plant & equipment, how many weeks of supply does the firm hold? (Do not round intermediate calculations. Round answer to two decimal places.) Consider a firm with an annual net income of $35 million, revenue of $150 million and cost of goods sold of $55 million. If the balance sheet amounts show $5.1 million of inventory and $1,000,000 of property, plant & equipment, how many weeks of supply does the firm hold? (Do not round intermediate calculations. Round answer to two decimal places.)
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Related Book For
Financial Reporting Financial Statement Analysis and Valuation
ISBN: 978-0324302950
6th edition
Authors: Clyde P. Stickney
Posted Date:
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