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VARVARA [1.3K]
1 year ago
11

A company's sales equal $60,000 and cost of goods sold equals $20,000. Its beginning inventory was $1,600 and its ending invento

ry is $2,400. The company's inventory turnover ratio equals:
Mathematics
1 answer:
netineya [11]1 year ago
5 0

The company's inventory turnover ratio, based on the financial data, equals 10 times.

<h3>What is the inventory turnover ratio?</h3>

The inventory turnover ratio measures the number of times the company sells and replaces its inventory over a given period.

The formula for calculating the Inventory Turnover Ratio is the Cost of Goods Sold divided by the Average Inventory.

The Average Inventory is the mean of the beginning and ending inventories.

<h3>Data and Calculations:</h3>

Sales revenue = $60,000

Cost of goods sold = $20,000

Beginning inventory = $1,600

Ending inventory = $2,400

Average inventory = $2,000 ($1,600 + $2,400)/2

Inventory turnover ratio = 10x ($20,000/$2,000)

Thus, the company sells and replaces its inventory over a period of <u>10 times.</u>

Learn more about the inventory turnover ratio at brainly.com/question/18914383

#SPJ1

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I will answer it in English:

a) We have te number N = 4752a

if we want to divide it by 3, then the addition of all the digits must be a multiple of 3.

Sum = 4 + 7 + 5 + 2 + a = 6 + 7 + 5 + a = 18 + a

and 18 is a multiple of 3, then we can have, a = 0, a = 3, a = 6, a= 9

b) A number is divisible by 5 if it ends on 5 or 0, so the possible values of a are 0 and 5.

c) we know that 15*3 = 45

then 15*3000= 45000

now we have:

4752a - 45000 = 252a

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then we have that a must be equal to zero, and:

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d) We want a number that when we divide it by 7, the surpass is 5.

a number is divisible by 7 if the difference between the number without the units and the double of the units is 0 or a multiple of 7.

in N = 4752x the unit is a, then we have:

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now, let's choose a such we have a multiple of 7

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D = 4752 - 2*3 =   5746  

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This is: N + 5 = 47528

This means that the actual value of a that we need is 8.

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