Hamlin Company, a retailer, had cost of goods sold of $190,000 last year. The beginning inventory balance was $22,000 and the ending inventory balance was $28,000. The company's inventory turnover was closest to:
A) 6.79 times
B) 7.6 times
C) 3.8 times
D) 8.64 times
B
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The capital structure leverage ratio indicates
a. the sales generated from each dollar of assets. b. the portion of the sales dollar left over for the common shareholders after covering all operating costs and subtracting claims of creditors and preferred shareholders. c. the portion of the sales dollar left over for the preferred shareholders after covering all operating costs and subtracting claims of creditors and common shareholders. d. the proportion of total assets, or total financing, provided by common shareholders contrasted with the financing provided by creditors and preferred shareholders. e. the proportion of total assets, or total financing, provided by preferred shareholders contrasted with the financing provided by creditors and common shareholders.
An organization offering products different from those offered by another organization cannot
be considered competition for that company. Indicate whether the statement is true or false
What law amended the Civil Rights Act of 1964 to extend the period of time in which an employee is allowed to file a lawsuit over pay discrimination?
A. Civil Rights Act of 1991 B. Lily Ledbetter Fair Pay Act of 2009 C. ADA D. Genetic Information Nondiscrimination Act of 2008 E. Pregnancy Discrimination Act of 1978
In the context of organizational agility, learning organizations
A. base their decisions on guesswork and assumptions. B. are primarily concerned about finding quick fixes to current problems. C. are skilled at experimenting with new approaches. D. avoid benchmarking in order to keep up internal performance standards. E. avoid learning from other organizations.