This information is available for Skysong Photo Ltd. for 2015, 2016, and 2017. 2015 2016 2017...
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This information is available for Skysong Photo Ltd. for 2015, 2016, and 2017. 2015 2016 2017 Beginning inventory E 118,650 E 319,410 E 416,260 Ending Inventory 319,410 416,260 477,710 Cost of goods sold 8৪6,000 1,103,000 1,359,000 Sales revenue 1,197,260 1,599,490 1,909,350 Calculate inventory turnover for Skysong Photo Ltd. for 2015, 2016, and 2017. (Round answers to 2 decimal places, e.g. 0.10.) 2015 2016 2017 Inventory turnover ratio Calculate days in inventory for Skysong Photo Ltd. for 2015, 2016, 2017. (Round answers to 1 dec. place, e.g. 1.5.) 2015 2016 2017 Days in inventory days days days Calculate gross profit rate for Skysong Photo Ltd. for 2015, 2016, and 2017. (Round answers to 0 decimal places, e.g. 10%.) 2015 2016 2017 Gross profit rate % % % This information is available for Skysong Photo Ltd. for 2015, 2016, and 2017. 2015 2016 2017 Beginning inventory E 118,650 E 319,410 E 416,260 Ending Inventory 319,410 416,260 477,710 Cost of goods sold 8৪6,000 1,103,000 1,359,000 Sales revenue 1,197,260 1,599,490 1,909,350 Calculate inventory turnover for Skysong Photo Ltd. for 2015, 2016, and 2017. (Round answers to 2 decimal places, e.g. 0.10.) 2015 2016 2017 Inventory turnover ratio Calculate days in inventory for Skysong Photo Ltd. for 2015, 2016, 2017. (Round answers to 1 dec. place, e.g. 1.5.) 2015 2016 2017 Days in inventory days days days Calculate gross profit rate for Skysong Photo Ltd. for 2015, 2016, and 2017. (Round answers to 0 decimal places, e.g. 10%.) 2015 2016 2017 Gross profit rate % % %
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Related Book For
Accounting Principles
ISBN: 978-1118875056
12th edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
Posted Date:
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