Question: Using the info below what is the Days Inventory (DI)? Annual Revenue $158,000.00 Annual Cost of Goods Sold $92,400.00 Cash Flow from Operations $850.00 Ending

Using the info below what is the Days Inventory (DI)?

Annual Revenue $158,000.00

Annual Cost of Goods Sold $92,400.00

Cash Flow from Operations $850.00

Ending Inventory $23,600.00

Ending Accounts Receivable $19,300.00

Ending Accounts Payable $16,950.00

--------

Group of answer choices

A. 446.32

B. $1,429.07

C. 93.23

D. 508.20

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 Accounting Questions!

Q:

You are an attorney at the law firm that represents Danfield's Auto Express. Your supervisor, Attorney Donna Defense, wants you to draft an internal memorandum of law to her assessing whether or not...

Q:

Using the info below what is the Days Payables (DP)? Annual Revenue $158,000.00 Annual Cost of Goods Sold $92,400.00 Cash Flow from Operations $850.00 Ending Inventory $23,600.00 Ending Accounts...

Q:

Using the info below what is the Days Receivables (DR)? Annual Revenue $158,000.00 Annual Cost of Goods Sold $92,400.00 Cash Flow from Operations $850.00 Ending Inventory $23,600.00 Ending Accounts...

Q:

Please assist with the attached document of 45 problems. Thank you in advance. ACCT 221 Final Exam EVERY QUESTION IS WORTH 2.22 POINTS Please answer in the Answer Sheet provided at the end of the...

Q:

Please assist with the attached document of 45 problems. Thank you in advance. ACCT 221 Final Exam EVERY QUESTION IS WORTH 2.22 POINTS Please answer in the Answer Sheet provided at the end of the...

Q:

Please assist with the attached document of 45 problems. Thank you in advance. ACCT 221 Final Exam EVERY QUESTION IS WORTH 2.22 POINTS Please answer in the Answer Sheet provided at the end of the...

Q:

VI. Ratio Analysis of Financial Statements Prepare a ratio analysis using ALL of the ratios learned in chapter 17 to analyze your company. You should calculate the ratios for two years to be able to...

Q:

Hi Vjvgoe, Are you able to help me with this problem please? I would need to see it 7/16/17 since it's due that same week but I will put the deadline on 7/29/17. I have attached all of the...

Q:

I need answers to these. Show work when necessary. Please work out all problems. Name______________________ ACC121 Comprehensive Final Multiple choice 5 points each 325 points 1. Which financial...

Q:

Tax Return Problems - Corporation Tax Return: Fall 2021 Required: . Complete Bell Construction Solutions Inc.'s (BCS) 2020 Form 1120, Pages 1 - 6, and The Book to Tax Reconciliation using the...

Q:

the current corporate tax rate is 21% all forms included Corporate Tax Return Problem 2 . Required: Complete Blue Catering Service Inc.'s (BCS) 2019 Form 1120, Schedule D, and Schedule G (if...

Q:

On June 1, Babar Corporation borrows $40,000 from the bank by signing a 2-month. 4.5%, bank loan. Interest is due at the beginning of each month, commencing July 1. REQUIRED: Prepare the entries...

Q:

Selected pension information extracted from the retirement benefits note that appeared in Greens 2014 annual report follows. (These numbers have been modified but are based on the activities of a...

Q:

A person purchases a product from a store that turns out to be defective. They feel they have been wronged and seek remedy. This is most Illecly a conflict based on q , theory power - based rights -...

Q:

Sky Watchers Ltd. (SWL) is a manufacturer of telescopes and binoculars, offering products to amateurs and profes- sionals. The company has experienced significant growth in the past five years due to...

Q:

Given the values of R1, R2 and R3 are 10 , 10 and 20 , respectively and the value of I is 4 A. Compute Norton equivalent circuit at terminals a-b, as shown in Figure Q2(b).

Q:

Q1 (a) Figure Q1(a) shows an electric circuit connecting different electrical elements. 1. Compute the power dissipated by the 4 resistor. 2. Compute the power supplied or absorbed by the three...

Q:

The US MNC is also considering a project in the US. They will use the same debit/equity mix as in the Brazilian project. The 5 year Treasury rate is 1.7% and the firm can borrow at 55 bps over...

Q:

Andre and Heather meet with Louisa to discuss their insurance needs The couple have a 5 year old daughter named Bethany When asked about what is most important, the couple say they would like their...

Q:

Companies partner with intermediaries to help them sell products better than they could working alone. These capabilities may include: Group of answer choices Customer contacts Marketing expertise...

Q:

Is it practical to specify standards and procedures in the body of the job description, or should these be kept separate? Based on her review of the stores, Jennifer concluded that one of the first...

Q:

What data should be stored for each employee? How might the company use that data? Jennifer had been considering the benefits ofimplement-ing new technologies and systems into the organization to...

Q:

How should Jennifer go about collecting the infor-mation required for the standards, procedures, and job description? Based on her review of the stores, Jennifer concluded that one of the first...