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lisov135 [29]
3 years ago
9

On her way to visit her parents, Jennifer drives 265 miles in 5 hours.

Business
1 answer:
Zolol [24]3 years ago
4 0
Speed = distance/time
           = 265/5
           = 53 mph

hope this helps :)


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Answer:

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Inventory turnover is the ratio that how many time a business has sold or replaced the inventory during a given period. A business is considered more profitable if it has high inventory turnover.

According to given data

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Inventory turnover= Cost of Goods Sold / [ ( Opening Inventory + Closing Inventory ) / 2 ]

Year 3

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Year 2

Inventory Turnover = $426,650 / [ ( 87750 + 92500 ) / 2 ] = 4.73

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Inventory Turnover = $391,300 / 92500 = 4.23

As there will be no Beginning inventory so average inventory will be same as the closing inventory is the same as the Closing Inventory.

Days Sales In Inventory = 365 x Ending Inventory / Cost of Goods Sold

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Year 2

Days Sales In Inventory = 365 x 87,750 / $426,650 = 75.07 days

Year 1

Days Sales In Inventory = 365 x 92,500 / $391,300 = 86.28 days

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