Course Solutions Uncategorized (Answered) : A grocery chain recently reported annual sales of $89 billion, inventory of $5.8 billion, and annual cost of goods sold of $64 b

(Answered) : A grocery chain recently reported annual sales of $89 billion, inventory of $5.8 billion, and annual cost of goods sold of $64 b

June 27, 2024| admin| 0 Comment| 7:40 pm

Categories:

Uncategorized

A grocery chain recently reported annual sales of $89 billion, inventory of $5.8 billion, and annual cost of goods sold of $64 billion. What are the firm’s annual inventory turns?

Expert Answer

Turns=Rate/Inventory

Rate=COSG/time periods where COGS=cost of goods sold

Therefore Turns=(64/1)/5.8

=64/5.8=11.034 turns

(Solved) : Given Class Le Called Shapem Contains Methods Value Class Called Shape Also Given Class Le Q29596121 . . . .(Solved) : Given Class Le Called Shapem Contains Methods Value Class Called Shape Also Given Class Le Q29596121 . . . .

<p>You are given a class ?le called shape.m, which contains themethods for a value class called shape. You are also given a class?le called Rectangle.m, which is meant to be

(Solved) : Summarize Your Articles Used . . .(Solved) : Summarize Your Articles Used . . .

Submit a summary of six of your articles on the discussion board. Discuss one strength and one weakness to each of these six articles on why the article may or

(Solved) : Node Machine Running Operating System Sets Secure Communication Channel Uses Certificate K Q29167915 . . . .(Solved) : Node Machine Running Operating System Sets Secure Communication Channel Uses Certificate K Q29167915 . . . .

<p>When a node (machine running an operating system) sets up asecure communication<br/>channel, it uses the certificate KM says KN => M as OS. Whyshould the remote node<br/>trust and accept such

(Answered) : A grocery chain recently reported annual sales of $89 billion, inventory of $5.8 billion, and annual cost of goods sold of $64 b

Expert Answer

Turns=Rate/Inventory Rate=COSG/time periods where COGS=cost of goods sold Therefore Turns=(64/1)/5.8 =64/5.8=11.034 turns

Leave a Reply Cancel reply

Related Post

(Solved) : Given Class Le Called Shapem Contains Methods Value Class Called Shape Also Given Class Le Q29596121 . . . .(Solved) : Given Class Le Called Shapem Contains Methods Value Class Called Shape Also Given Class Le Q29596121 . . . .

(Solved) : Summarize Your Articles Used . . .(Solved) : Summarize Your Articles Used . . .

(Solved) : Node Machine Running Operating System Sets Secure Communication Channel Uses Certificate K Q29167915 . . . .(Solved) : Node Machine Running Operating System Sets Secure Communication Channel Uses Certificate K Q29167915 . . . .

Turns=Rate/Inventory

Rate=COSG/time periods where COGS=cost of goods sold

Therefore Turns=(64/1)/5.8

=64/5.8=11.034 turns