Question: The following data are pulled from a recent Walsh Manufacturing annual report. Calculate the Weeks of supply. Round your answer. For instance: if 25.2 then

The following data are pulled from a recent Walsh Manufacturing annual report. Calculate the Weeks of supply. Round your answer. For instance: if 25.2 then put 26; if 25.7 then put 26.

Assets

Raw material inventory $120,000

Work-in-process inventory $50,000

Finished goods inventory $300,000

Property, plant & equipment $500,000

Other assets $200,000

Total assets $1,170,000

Condensed Income Statement

Revenue $2,000,000

Cost of goods sold $600,000

Other expenses $1,000,000

Net income $400,000

The following data are pulled from a recent Walsh

QUESTION 30 The following data are pulled from a recent Walsh Manufacturing annual report. Calculate the Weeks of supply. Round your answer. For instance: if 25.2 then put 26; if 25.7 then put 26. Assets Raw material inventory Work-in-process inventory Finished goods inventory Property, plant & equipment Other assets Total assets $120,000 $50,000 $300,000 $500,000 $200,000 $1,170,000 Condensed Income Statement Revenue Cost of goods sold Other expenses Net income $2,000,000 $600,000 $1,000,000 $400,000

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!