Thompson Laser Company had ending inventory of $163,600 this year, ending inventory of $134,00 . last year, and $262,00 . as cost of goods sold. Compute the inventory turnover rate
1.76
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Jane is a marketing researcher of a cellular service providing firm. She is conducting market research before the firm decides to launch its 4G services
After deciding on the research approach and instruments, what is the next step that Jane should follow? What are the three things that she is required to consider in this step?
U.S. GAAP and IFRS provide firms considerable flexibility in choosing their depreciation method(s)
Indicate whether the statement is true or false
For a growing firm, external financing needed will most likely be greater than discretionary
financing needed due to increases in accounts payable and accruals. Indicate whether the statement is true or false
Which of the following would not represent a financing activity?
A. Borrowing money from a bank to purchase new equipment. B. Buying supplies. C. Paying dividends to stockholders. D. An investment of capital by the owners.