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Nikolay [14]
2 years ago
14

Early in 2022, Pina Company switched to a just-in-time inventory system. Its sales revenue, cost of goods sold, and inventory am

ounts for 2021 and 2022 are shown below.
Mathematics
1 answer:
balu736 [363]2 years ago
4 0

The Inventory Turnover for 2021 is 5.9 times and for 2022 is 10 times.

<h3>Inventory turnover</h3>

2021

Inventory Turnover = Cost of Goods sold / Average Inventory

Cost of Goods sold = $1,165,250/[($170,000+$225,000)/2]

Cost of Goods sold = $1,165,250/($395,000/2)

Cost of Goods sold = $1,165,250/197,500

Cost of Goods sold = 5.9 times

2022

Inventory Turnover = Cost of Goods sold / Average Inventory

Cost of Goods sold = $1,525,000/[($225,000+$80,000)/2]

Cost of Goods sold =  $1,525,000/($305,000/2)

Cost of Goods sold =  $1,525,000/152,500

Cost of Goods sold = 10 times

Therefore the Inventory Turnover for 2021 is 5.9 times and for 2022 is 10 times.

Learn more about  Inventory Turnover here:brainly.com/question/12942515

#SPJ1

The complete question is:

Pina Colada Corp. switched to a just-in-time inventory system. Its sales and Inventory amounts for 2021 and 2022 are shown below.

                                 2021            2022

Sales revenue $3,360,000  $3,900,000

Cost of goods sold  1,165,250 1,525,000

Beginning inventory  170,000 225,000

Ending inventory        225,000  80,000

Determine the inventory turnover for 2021 and 2022.

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Answer:

The value 10 years is the population mean

Step-by-step explanation:

A sample consists of some observations drawn from the population, so a part or a subset of the population which in this case is the number of horses with colic.

A sample mean is the mean of the statistical samples while a population mean is the mean of the total population.

Thus, in this case, the sample mean is the mean age of the horses with colic while the population mean age is the mean age of all the horses found at the clinic.

Therefore, the mean age of 10 of the horses seen at the clinic would be the population mean.

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A police car drives with a constant speed of 50 miles per hour. How long will it take to travel a distance of 175 miles?
Evgen [1.6K]

Answer:

It will take the police car 3.5 hours to travel a distance of 175 miles traveling at a rate of 50 miles/hour.

Step-by-step explanation:

If a car is traveling at a constant speed of 50 miles/hour and we wish to know how long it will take it to travel a distance of 175 miles, we will use this formula

d = r*t

Where d is the distance traveled in miles

r is the rate of speed in miles/ hour, and

t is the time in hours

d in this case is 175 miles and r is 50 miles/hour, plugging this in, we have

175 miles = (50 miles/hour) * t         Divide both sides by 50 miles/hour

Our miles unit will cancel out, leaving us with

3.5 hours = t


3 0
3 years ago
A baseball player comes up to bat 3 times during a league game. He either gets a hit or gets an out. What is the probability tha
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Answer:

Since there are 2 possibilities for each bat (hit or out), the amount of total possibilities is 2 * 2 * 2 = 8. There is only one possibility out of those eight that gives us three hits, therefore the probability is 1 / 8 or 0.125.

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Line GJ is tangent to point A at point G.<br><br> If AI = 5 and IF = 12, find A F.
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I believe this is how you do it... 
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If you shift the quadratic parent function, f(x)=x2 , right 10 units, what is the equation of the new function?
tiny-mole [99]

Answer:

Step-by-step explanation:

The standard form of a quadratic is

y=a(x-h)^2+k where h is side to side movement (it's also the x coordinate of the vertex) and k is the up or down movement (it's also the y coordinate of the vertex). If there is no up or down movement, the k value is 0. (We don't need to worry about the value for a here; it's 1 but that doesn't change anything for us in our problem). Movement to the right is positive, so we are moving +10. Filling that into our equation:

y=(x-(+10))^2 and simplified:

y=(x-10)^2  That is the parent graph shifted 10 units to the right.

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