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3 years ago

Inventory Ratio Calculations

Business

1 answer:

tatuchka [14]3 years ago

7 0

Answer:

Inventory Turnover Ratio for 2008= 3.223 Times

Inventory Turnover Ratio for 2009= 3.91 times

Explanation:

Inventory Turnover Ratio= Cost of Goods Sold / Average Inventories

Inventory Turnover Ratio for 2008= $632,000/ $201,000 + 191,100/2

Inventory Turnover Ratio for 2008= $632,000/196,050

Inventory Turnover Ratio for 2008= 3.223 times

Inventory Turnover Ratio for 2009= $ 731,000/191,100 + 182,600/2

Inventory Turnover Ratio for 2009= $ 731,000/ 186,850

Inventory Turnover Ratio for 2009= 3.91 times

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What are three typical reasons why companies develop their own information systems?

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"To satisfy the unique business requirements, to meet constraints of exisTng systems, and to minimize changes in business procedures and policies." are the certain reasons in which it prompted the companies to develop their own information system which is essential for the influx of data entering their systems.

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3 years ago

Laramie Trucking's CEO is considering a change to the company's capital structure, which currently consists of 25% debt and 75%

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Answer:

15.29%

Explanation:

Calculation to determine What would be the estimated cost of equity if the firm used 60% debt

First step is to calculate the Original beta using this formula

Original beta = (rs-rRf)/ RPM

Let plug in the formula

Original beta= (11.5%- 5%)/6%

Original beta= 6.5%/ 6%

Original beta= 1.083

Second step is to calculate the Original D/E using this formula

Original D/E = D/A / (1-D/A)

Let plug in the formula

Original D/E= .25/ (1-.25%)

Original D/E= .333

Third step is to calculate the Unlevered Beta using this formula

Unlevered Beta = Bu = Bl / 1+((1- Tax rate) x (D/E)

Let plug in the formula

Unlevered Beta= 1.083/1+((1-.4) x .333

Unlevered Beta=.90

Fourth step is to calculate the Target using this formula

Target =D/e

Let plug in the formula

Target = .6/.4

Target= 1.5

Fifth step is to calculate the New Beta using this formula

New Beta = bu* (1+(D/E)(1- tax rate)

Let plug in the formula

New Beta = .90 *(1+(1.5)*(.6)

New Beta = 1.71

Now let calculate the estimated cost of equity using this formula

rs = rRF + new beta (RPm)

Let plug in the formula

rs= 5% + 1.71*6

rs= 15.29%

Therefore What would be the estimated cost of equity if the firm used 60% debt is 15.29%

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3 years ago

Select all that apply: If medically indicated after an exposure, the U.S. Public Health Service requires that your employer offe

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Answer:

A. HIV, D. Hepatitis B and E. Hepatitis C

Explanation:

As per Occupational safety and health administration (OSHA), every employer need to immediatly provide medical evaluation of worker or employee working in the company after their exposure to any infectious material, such as non-intact skin, blood etc. As it could lead to infection of HIV, Hepatitis B, Hapatitis C or other blood related infection. The medical report is very important to early address the possible infection.

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3 years ago

country cupboard purchased inventory for $ 4 comma 800 and also paid a $ 360 freight bill. Country Cupboard returned 20% of the

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Answer:

A. $ 4,123

Explanation:

For accounting purposes we will consider as cost to ivnentory all the necessarycost incurred to get the merchandise ready for use. Therefore the returns and dsicount decrease the inventory as they weren't cost incurred.

The freight will count as necessary and incurred thus, added.

Invoice nominal 4,800

returns

4,800 x 20% = (960)

balance 3,840

discount 2% (76.8)

merchandise cost 3.763,2‬

freights-in 360

total cost 4,123.2

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3 years ago

He contract that contains provisions for surface leases related to a property is the _____.

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The contract that contains provisions for surface leases related to a property is the Farm and Ranch contract.

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After a reasonable period of time, the contract is considered accepted and can no longer be objected to. Other examples include real estate contracts, attorney contracts, etc. If a contract is concluded without the free consent of the parties, it will be considered a void contract.

A voidable contract is a formal agreement between two parties that can be made unenforceable for a variety of legal reasons, including Errors, Misrepresentations, or Fraud. Excessive influence or coercion.

Learn more about contracts here brainly.com/question/984979

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2 years ago