Question: Question 8 3 pts EBI Solar uses a high-tech process to turn silicon wafers into tiny solar panels. These efficient and inexpensive panels are used

Question 8 3 pts EBI Solar uses a high-tech
Question 8 3 pts EBI Solar uses a high-tech
Question 8 3 pts EBI Solar uses a high-tech process to turn silicon wafers into tiny solar panels. These efficient and inexpensive panels are used to power low-energy hand- held electronic devices. Last year, EBI Solar turned their inventory 4.8 times and had a cost of goods sold of $3 million. Assume 50 business weeks per year. What was the weeks of supply last year? (Enter your response rounded to two decimal places.) Question 9 3 pts Last year, Fullerton Enterprises had average inventories (raw materials, work- in-process, and finished goods) of $7.5 million. During this same year, the cost of goods sold was $30 million. The company operates 50 weeks per year. What is their inventory turnover? - turns (Enter your response rounded to two decimal places.) Question 10 3 pts Jack Jones, the materials manager at Precision Enterprises, is beginning to look for ways to reduce inventories. A recent accounting statement shows that the inventory investment for raw materials is $3,844,100, for work-in- process is $6,726,000, and for finished goods is $2,818,000. This year's cost of goods sold will be about $31,252,000. Assume that there are 52 business weeks per year. What would be the inventory turnover? ---- turns (Enter your response rounded to one decimal place.)

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