Inventory Analysis A company reports the following: Cost of goods sold Average inventory $440,555 51,830 Determine (a) the inventory turnover and (b) the number of days' sales in inventory. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume 365 days a year. a. Inventory turnover b. Number of days sales in inventory

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The following information appeared in the 2020 BIR Form 2316 (Certificate of Compensation Payment/Tax Withheld) of Angelou, a purely compensation income earner: Gross compensation income - Php        400,000.00 13th month pay and other benefits                                                                40,000.00 Amount of taxes withheld (by the employer)                                                30,000.00 Commission                                                                                                     50,000.00 Pagibig contributions                                                                                      10,000.00 Philhealth contributions                                                                                 10,000.00 SSS                                                                                                                    10,000.00 Union dues…

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I received an answer but I'm still unclear on how he got the answer

TO whom it may concern,  I was wondering to know following details for question.  Explain relevant law General RuleException   Apply law to key facts General Rule  Exception

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