This information is available for Bramble's Photo Corporation for 2020, 2021, and 2022. Beginning inventory Ending...
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This information is available for Bramble's Photo Corporation for 2020, 2021, and 2022. Beginning inventory Ending inventory Cost of goods sold Net sales revenue (a) 2020 2021 2022 $120,000 $316,000 $414,000 316.000 414,000 484,000 981,000 1.222,750 1.297,610 1,308,000 1,675,000 1,908,250 Your answer is correct. Calculate inventory turnover for 2020, 2021, and 2022. (Round answers to 2 decimal places, eg 1.52) Inventory turnover 2020 2021 335 2022 Calculate days in inventory for 2020, 2021, and 2022. (Round answers to 1 decimal place, eg. 1.5. Use 365 days for calculation) Days in inventory (c) eTextbook and Media 2020 Gross proht rate 81.11 days 2020 2021 Calculate gross profit rate for 2020, 2021, and 2022. (Round answers to 1 decimal place, eg 12.5%) 2021 108.95 days 2022 126.30 days Attempts: 1 of 2 used This information is available for Bramble's Photo Corporation for 2020, 2021, and 2022. Beginning inventory Ending inventory Cost of goods sold Net sales revenue (a) 2020 2021 2022 $120,000 $316,000 $414,000 316.000 414,000 484,000 981,000 1.222,750 1.297,610 1,308,000 1,675,000 1,908,250 Your answer is correct. Calculate inventory turnover for 2020, 2021, and 2022. (Round answers to 2 decimal places, eg 1.52) Inventory turnover 2020 2021 335 2022 Calculate days in inventory for 2020, 2021, and 2022. (Round answers to 1 decimal place, eg. 1.5. Use 365 days for calculation) Days in inventory (c) eTextbook and Media 2020 Gross proht rate 81.11 days 2020 2021 Calculate gross profit rate for 2020, 2021, and 2022. (Round answers to 1 decimal place, eg 12.5%) 2021 108.95 days 2022 126.30 days Attempts: 1 of 2 used
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Inventory Turnover Cost of goods sold Average inventory Average inventory Beginning ... View the full answer
Related Book For
Accounting Principles
ISBN: 9781119707110
14th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Jill E. Mitchell
Posted Date:
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