In 2021, Ford's Cost of Goods Sold (COGS) was $114.7 billion dollars. Based on the information...
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In 2021, Ford's Cost of Goods Sold (COGS) was $114.7 billion dollars. Based on the information provided above, how many times a year does Ford through its inventory ? (Round this answer to a single decimal point). What is the average number of days it takes Ford to sell through it's inventory once? (Round this answer to the nearest whole number). For the following questions, please reference ConAgra's income statement, provide here. ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA Net sales Costs and expenses: Cost of goods sold Conagra Brands, Inc. and Subsidiaries Consolidated Statements of Earnings (in millions, except per share amounts) Selling, general and administrative expenses Pension and postretirement non-service income Interest expense, net Income from continuing operations before income taxes and equity method investment earnings Income tax expense Equity method investment earnings Income from continuing operations Loss from discontinued operations, net of tax Net income Less: Net income attributable to noncontrolling interests Net income attributable to Conagra Brands, Inc. Earnings per share-basic Income from continuing operations attributable to Conagra Brands, Inc. common stockholders Income from discontinued operations attributable to Conagra Brands, Inc. common stockholders Net income attributable to Conagra Brands, Inc. common stockholders Earnings per share-diluted Income from continuing operations attributable to Conagra Brands, Inc. common stockholders Loss from discontinued operations attributable to Conagra Brands, Inc. common stockholders Net income attributable to Conagra Brands, Inc. common stockholders $ $ $ For the Fiscal Years Ended May 2020 11,054.4 $ 2021 11,184.7 $ 8.005.5 1,403.0 (54.5) 420.4 1.410.3 193.8 84.4 1,300.9 1,300.9. 2.1 1,298.8 S 2.67 S 2.67 S 2.66 S 2.66 $ 7,984.8 1,622 5 (9.9) 487.1 969.9 201.3 73.2 841.8 841.8 S 1.7 8401 S 1.72 S 1.72 S 1.72 S 1.72 S 2019 9,538.4 6,885.4 1,473.4 (35.1) 391.4 823.3 218.8 75.8 680.3 (1.9) 678.4 0.1 678.3 1.53 1.53 1.53 (0.01) 1.52 In 2021, Ford's Cost of Goods Sold (COGS) was $114.7 billion dollars. Based on the information provided above, how many times a year does Ford through its inventory ? (Round this answer to a single decimal point). What is the average number of days it takes Ford to sell through it's inventory once? (Round this answer to the nearest whole number). For the following questions, please reference ConAgra's income statement, provide here. ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA Net sales Costs and expenses: Cost of goods sold Conagra Brands, Inc. and Subsidiaries Consolidated Statements of Earnings (in millions, except per share amounts) Selling, general and administrative expenses Pension and postretirement non-service income Interest expense, net Income from continuing operations before income taxes and equity method investment earnings Income tax expense Equity method investment earnings Income from continuing operations Loss from discontinued operations, net of tax Net income Less: Net income attributable to noncontrolling interests Net income attributable to Conagra Brands, Inc. Earnings per share-basic Income from continuing operations attributable to Conagra Brands, Inc. common stockholders Income from discontinued operations attributable to Conagra Brands, Inc. common stockholders Net income attributable to Conagra Brands, Inc. common stockholders Earnings per share-diluted Income from continuing operations attributable to Conagra Brands, Inc. common stockholders Loss from discontinued operations attributable to Conagra Brands, Inc. common stockholders Net income attributable to Conagra Brands, Inc. common stockholders $ $ $ For the Fiscal Years Ended May 2020 11,054.4 $ 2021 11,184.7 $ 8.005.5 1,403.0 (54.5) 420.4 1.410.3 193.8 84.4 1,300.9 1,300.9. 2.1 1,298.8 S 2.67 S 2.67 S 2.66 S 2.66 $ 7,984.8 1,622 5 (9.9) 487.1 969.9 201.3 73.2 841.8 841.8 S 1.7 8401 S 1.72 S 1.72 S 1.72 S 1.72 S 2019 9,538.4 6,885.4 1,473.4 (35.1) 391.4 823.3 218.8 75.8 680.3 (1.9) 678.4 0.1 678.3 1.53 1.53 1.53 (0.01) 1.52
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Matching Supply with Demand An Introduction to Operations Management
ISBN: 978-0073525204
3rd edition
Authors: Gerard Cachon, Christian Terwiesch
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