On December 32, Baxter inc has costs of goods sold of 360,000 ending inventory is 17,000 beginning inventory is 20,000 and average account payable is 84,000 what is the accounts payable turnover expressed as days A.64 B.86 C.84 D.95

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Inventory Turnover and Days’ Sales in Inventory  Shown below are data from the Northern Company’s accounting records:   Year 1 Year 2 Sales Revenue $8,000,000 $11,000,000 Cost of Goods Sold 4,000,000 4,800,000 Beginning Inventory 510,000 540,000 Ending Inventory 550,000 600,000 Calculate the company’s (a) inventory turnover and (b) days’ sales in inventory for both years.Round your answer to two decimal points.   Year 1 Year 2 Inventory turnover Answer   Answer   Days' sales in inventory Answer   Answer

34 In the current year, a company reported cost of goods sold of $3,200,000 on its income statement. The company's beginning inventory balance was $160,000. During the year, the company purchased $3,250,000 of inventory. The company's ending inventory balance was $210,000. What was the company's average days to sell inventory for the year, rounded to two decimal places? O 23.58 O 23.95 O 21.10 O 20.78 NEXT > BOOKMARK

A company reports the following: Cost of merchandise sold $1,460,000 Average merchandise inventory 182,500 Determine (a) the inventory turnover and (b) the number of days sales in inventory. Assume a 365-day year. Round your answers to one decimal place. a. Inventory turnover b. Number of days' sales in inventory days Previous Next 1:00 PM 18 se g 12/11/2020 a

Lakeshore Manufacturing provided the following information for the month ended March 31: Sales Revenue $31,000 Beginning Finished Goods Inventory 7,000 Ending Finished Goods Inventory 8,500 Cost of Goods Manufactured 11,600 Compute gross profit. OA. $19,400 OB. $17,900 OC. $10,900 O D. $20,900 ***