Required: 1. Compute the following turnover ratios. 2. By dividing 365 by your ratios from requirement 1, calculate the average days to collect receivables and the average days to sell inventory.

Gary & Company uses a perpetual inventory system. The following information is available for November: Nov. 1 4 7 10 Sale Inventory Purchase Purchase 12 Sale Units 60 120 120 (60) (130) Purchase Sales Price Price $5 $5.50 $9 $10 $10

please answer part C and part D but not in image format

how do i calculate the gross prfoit rate under each tab  ( LIFO,FIFO AVERAGE-COST) base off the attachment?

calculate number of days sales in inventory

How do I find days sales outstanding?

Cont of pictures: Calculate gross profit rate under each of the following methods 1. LIFO 2. FIFO 3. Average-cost (Round answers to 1 decimal place, e.g. 51.2%)

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Review the​ following: Data Table Cost of Goods Sold $101 Gross Sales 181 Sales Returns and Allowances 16 Sales Discounts 21 Operating Expenses 47   From the information​ provided, calculate: a. Gross profit b. Net income or net loss   Calculate​ (a) Gross profit.     -   = Gross profit   -   =     Calculate​ (b) Net income or net loss. ​(Use parentheses or a minus sign to show a net​ loss.)     -   = Net income or net loss   -   =

Solve for the missing information designated by "?" in the following table. (Use 365 days in a year. Round the inventory turnover ratio to one decimal place before computing days to sell. Round days to sell to one decimal place.) Case Beginning Inventory Purchases Cost of Goods Sold Ending Inventory Inventory Turnover Ratio Days to Sell a. $ 130 $ 730 $ 690 b $ 230 $ 1,320 C $ 1,120 $ 135 6.6 32.6