Giorgio had cost of goods sold of $9,421 million, ending inventory of $2,089 million, and average inventory of $1,965 million. Its inventory turnover equals:
A. 80.9 days.
B. 4.79.
C. 4.51.
D. 0.21.
E. 76.1 days.
Answer: B
You might also like to view...
An important consideration in designing a strategy-supportive reward system is to
A. choose those types of rewards and incentives that will focus employees' attention on total customer satisfaction. B. employ incentives that will help motivate employees to put in long hours and sacrifice personal ambitions and aspirations to pursue the priorities of management. C. make across-the-board wage and salary increases the cornerstone of monetary rewards. D. link the payment of all monetary rewards to the company's bottom-line profitability. E. make nonmonetary rewards and recognition an integral part of the reward system.
Allowing some time between drafting and revising helps you distance yourself enough to identify weaknesses in logic
Indicate whether the statement is true or false
In which of the legal forms of ownership is transferability of interest the easiest?
A. Sole proprietorship B. General partnership C. Limited partnership D. Corporation
All special assessment debt should be reported in the government-wide statement of net position in the Business-type Activities column.
Answer the following statement true (T) or false (F)