Question: Days inventory held Multiple choice question. is calculated using cost of goods sold and average accounts receivable. is the same for a merchandising firm or

Days inventory held Multiple choice question. is calculated using cost of goods sold and average accounts receivable. is the same for a merchandising firm or a manufacturing firm. can be used to identify changing customer payment patterns. tells us how many days it takes for inventory to move from the company to its customers.

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 Accounting Questions!

The days accounts receivable outstanding Multiple choice question. is calculated using cost of goods sold and accounts receivable. is not useful in observing changing customer payment patterns. is...

1.By using long-term financing to finance part of temporary current assts, a firm may have less risk but lower returns than a firm with a normal financing plan. Explain the significance of this...

Question #9 Your consulting firm was recently hired to improve the performance of Shannon Inc, which is highly profitable but has been experiencing cash shortages due to its high growth rate. As one...

I need the week 3 fin 571 problem set questions answered. I have the attachment provided as well. 1 If the Hunter Corp. has an ROE of 19 and a payout ratio of 27 percent, what is its sustainable...

TRUBLEM! LIVIUST USE LXCEL 1. Sweet Dreams Corp. has prepared the following financial statements: Sweet Dreams Corp. Sweet Dreams Corp. Income Statement Balance Sheet As of Dec. 31 2019 For the Year...

please can you do this in excel. & show formulas please! that is the whole question. second pic has parts a and b questions. Fashion Trends, Inc., a regional fashion apparel retailer, wants to...

Desai Inc. has the following data, in thousands. Assuming a 365-day year, what is the firm's cash conversion cycle? Round to the nearest whole day. Annual sales = $45.000 $22,500 Annual cost of goods...

Using the Annual Report of your selected company (WALMART), answer the following questions in the Discussion: What is the value of the company's inventory at year end? What was the amount of cost of...

this is a continuation question. each quention is connected to the next. please answer all. The DuPont Framework The Dupont framework, corumonly used for financial analysis, originated at the DuPont...

Answer the following question related to the topic "What is most important to me at this time of my life?" 1. How school and work are very important to me during my collegiate years. It sets me up...

Given the following cash flow determine the rate of return on the project. Year Cash Flow 0..................... -$500 1.....................+2000 2......................-1200...

9. A process involves flow of _______ and _______ _

A hula hoop and solid disc of equal radii are rolled, from rest and without slipping, down an incline plane. Which one will reach the bottom of the inclined plane first? Explain.

Have you ever experienced such a blockade?

How long has this blockade existed?

What could happen if you dissolve this blockade?