The following data were taken from the annual reports of Big Bang Inc., a manufacturer of fireworks, and Orange Inc., a manufacturer of computers. Big Bang, Inc. Orange, Inc. Cost of goods sold $830,000 $11,540,000 Inventory, end of year 190,000 320,000 Inventory, beginning of year 240,000 290,000 What is the inventory turnover for Big Bang and Orange. a. Big Bang, Inc.: 3.86Orange, Inc.: 37.84 b. Big Bang, Inc.: 3.86Orange, Inc.: 9.65 c. Big Bang, Inc.: 94.55Orange, Inc.: 37.84 d. Big Bang, Inc.: 94.55Orange, Inc.: 9.65
The following data were taken from the annual reports of Big Bang Inc., a manufacturer of fireworks, and Orange Inc., a manufacturer of computers. Big Bang, Inc. Orange, Inc. Cost of goods sold $830,000 $11,540,000 Inventory, end of year 190,000 320,000 Inventory, beginning of year 240,000 290,000 What is the inventory turnover for Big Bang and Orange. a. Big Bang, Inc.: 3.86Orange, Inc.: 37.84 b. Big Bang, Inc.: 3.86Orange, Inc.: 9.65 c. Big Bang, Inc.: 94.55Orange, Inc.: 37.84 d. Big Bang, Inc.: 94.55Orange, Inc.: 9.65
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
Question
The following data were taken from the annual reports of Big Bang Inc., a manufacturer of fireworks, and Orange Inc., a manufacturer of computers.
| Big Bang, Inc. | Orange, Inc. | |
| Cost of goods sold | $830,000 | $11,540,000 |
| Inventory, end of year | 190,000 | 320,000 |
| Inventory, beginning of year | 240,000 | 290,000 |
What is the inventory turnover for Big Bang and Orange.
a. Big Bang, Inc.: 3.86
Orange, Inc.: 37.84
Orange, Inc.: 37.84
b. Big Bang, Inc.: 3.86
Orange, Inc.: 9.65
Orange, Inc.: 9.65
c. Big Bang, Inc.: 94.55
Orange, Inc.: 37.84
Orange, Inc.: 37.84
d. Big Bang, Inc.: 94.55
Orange, Inc.: 9.65
Orange, Inc.: 9.65
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