Question: Please show all the steps and calculation also. Chapter 4 - Supply Chain class exercise Name: Show all calculations and round ALL answers to two

Please show all the steps and calculation also.

Chapter 4 - Supply Chain class exercise Name: Show all calculations and round ALL answers to two decimal places. Winnie Supermarket LTD. has reported the following financial information for the past two years. Cost of goods sold Raw Materials WIP Finished Goods 2019 560,000 189,320 63,000 125,560 2020 750,000 267,780 51,500 140,400 a) Calculate the Inventory turnover for each of the past years. 2019 2020 b) Calculate the Days of Supply for each of the past years. 2019 2020 c) In which of the years was their inventory performance better and why

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 General Management Questions!

HOMEWORK #1: EXCEL CORRELATION ASSIGNMENT (10 Points) Purpose: This assignment will increase your understanding of the concept of "correlation" and provides practice using Microsoft Excel to enter...

unit II q12. Summarized on the right is the sale (in thousands) of the top five products in 2002. Use this information to calculate what percent of the sales of these five products was due to product...

Integrated assignment (Accounting 200 & Taxation 200) Background information Who they are Khoza Bazaar (Pty) Ltd ("Khoza Bazaar") is a retail company that owns and operates three large supermarkets...

June 1 Signed a 3 year 7.1% , $210000 note payable with First Bank. June 1 Purchased 3100 GPS units on credit from Navistar for $35.5 per unit. June 1 Issued 5,000 shares of common stock for $10 per...

Hello tutor Please find the attached instruction file and use the template for solving this question. If you have any question about the problem please contact me. Thanks Your Course Project...

View the 2013 Annual Report for the Ford Motor Company, a Fortune 50 company, linked here as well as on the Course Information page. Using this report, answer the following questions: Does the...

Assuming that all revenues were net credit sales, and that the total accounts receivable (net) at the end of 2011 were $8,281 million, compute the receivables turnover for 2015 and 2014. (Hint:...

Imagine that you live in a city that currently does not require bicycle riders to wear helmets. Furthermore, imagine that you enjoy riding your bicycle without wearing a helmet. a. From your...

In this task you will write a program in MARIE assembly language, to work out if a given year is leap year or not. Leap years are those that are divisible by 4, except the years that are divisible by...

Item10 1 points Time Remaining 1 hour 23 minutes 21 seconds01:23:21 eBookPrintReferencesItem 10 Time Remaining 1 hour 23 minutes 21 seconds01:23:21 A Canadian-controlled private corporation (CCPC)...