This information is available for Tamarisk Photo for 2018, 2019, and 2020. 2018 2019 2020 Beginning...

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This information is available for Tamarisk Photo for 2018, 2019, and 2020. 2018 2019 2020 Beginning inventory £ 114,000 £308,000 £410,000 Ending inventory 308,000 410,000 470,000 Cost of goods sold 883,500 1,101,000 1,068,000 Sales revenue 1,194,000 1,552,500 1,902,000 Calculate inventory turnover for Tamarisk Photo Ltd. for 2018, 2019, and 2020. (Round answers to 2 decimal places, e.g. 0.10. Use 365 days for calcuation.) 2018 2019 2020 Inventory turnover ratio Calculate days in inventory for Tamarisk Photo Ltd. for 2018, 2019, and 2020. (Round answers to 1 decimal place, e.g. 1.5.) 2018 2019 2020 Days in days days days inventory Calculate gross profit rate for Tamarisk Photo Ltd. for 2018, 2019, and 2020. (Round answers to 0 decimal places, e.g. 10%.) 2018 2019 2020 Gross profit rate % % This information is available for Tamarisk Photo for 2018, 2019, and 2020. 2018 2019 2020 Beginning inventory £ 114,000 £308,000 £410,000 Ending inventory 308,000 410,000 470,000 Cost of goods sold 883,500 1,101,000 1,068,000 Sales revenue 1,194,000 1,552,500 1,902,000 Calculate inventory turnover for Tamarisk Photo Ltd. for 2018, 2019, and 2020. (Round answers to 2 decimal places, e.g. 0.10. Use 365 days for calcuation.) 2018 2019 2020 Inventory turnover ratio Calculate days in inventory for Tamarisk Photo Ltd. for 2018, 2019, and 2020. (Round answers to 1 decimal place, e.g. 1.5.) 2018 2019 2020 Days in days days days inventory Calculate gross profit rate for Tamarisk Photo Ltd. for 2018, 2019, and 2020. (Round answers to 0 decimal places, e.g. 10%.) 2018 2019 2020 Gross profit rate % %

Answer rating: 100% (QA)

Particulars 2018 2019 2020 Beginning Inventory 11400000 30800000 41000000 Ending Inventory 308000... View the full answer