1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
algol13
3 years ago
5

Dell has been aggressively cutting their days of inventory. In the third quarter of 2009, Dell reported $952 million of inventor

y, $10,663 million of sales and $12,896 million of cost of goods sold. How many days of inventory did Dell have in the third quarter of 2009
Business
1 answer:
svp [43]3 years ago
7 0

Answer:

27 days

Explanation:

The computation of the days of inventory is given below:

= 365 days ÷ inventory turnover ratio

= 365 days ÷ ($12,896  million ÷ $952 million)

= 365 days ÷ 13.55

= 27 days

We assume that the inventory i.e given in the question is average inventory

You might be interested in
When comparing the GDP of different countries, two issues immediately arise - currency and population differences. How does one
kykrilka [37]

Answer: Currency is converted to common currency, GDP is divide by population and compare GDP per Capita

Explanation:

GDP is measured in a countries currency. When Comparing a GDP of one country to the GDP of another country currency is converted into a common currency. Currency can be converted using exchange rate. the GDP of one country will then be expressed in the currency of another country using the exchange rate.

Some countries have a high number of population than others, for example China has more people than Mexico. therefore measure GDP and The standard of living between countries GDP will need to be divided by population which will give us GDP per capita which measures the standard of living by showing the GDP per person

7 0
3 years ago
What is the difference between independent variables and dependent variables in a spreadsheet?
kirill115 [55]
On a spreadsheet there are two types of variables independent and dependent. Independent variables refer to those that can be changed and their value that is changing. A dependent variable is something that remains the same and the value of it does not change. 
6 0
3 years ago
The most common time frame individuals use when developing a budget is _____. A) Yearly B) Monthly C) Daily D) Weeklyeco​
Troyanec [42]

Answer:

Monthly

Explanation:

5 0
3 years ago
Building, keeping, and growing profitable value-laden relationships with all customers of a company is called ________.
Brilliant_brown [7]
Customer relationship management is my guess

Hope it helped!
5 0
3 years ago
Xytex Products just paid a dividend of $2.62 per share, and the stock currently sells for $36. If the discount rate is 15 percen
victus00 [196]

Answer:

Po = Do<u>( 1 + g)</u>

            Ke - g

$36 = $2.62<u>(1 + g)</u>

                   0.15 - g

$36(0.15 - g) = $2.62(1 + g)

$5.4 - 36g = $2.62 - 2.62g

$5.4 - $2.62 = -2.62g + 36g    

$2.78 =  33.38g

<u>2.78</u>   = g

33.38

g = 0.0833 = 8.33%                                  

Explanation:

In this case, we will apply the formula for determining the current market price of a share (Po). The current market price, the current dividend paid (Do) and the discount rate (Ke) were provided in the question with the exception of growth rate (g). Therefore, we will make the growth rate the subject of the formula.

4 0
4 years ago
Other questions:
  • On June 1, Westbrook Productions had beginning balance of $41,000 in their Manufacturing Overhead account. During the month, the
    12·1 answer
  • Laurie Corp., a major watch manufacturer, purchases Smith Inc., a smaller company that makes watch bands. Following this purchas
    12·1 answer
  • If market demand increases and market supply decreases, the change in equilibrium price is unpredictable without first knowing t
    7·1 answer
  • What are some risks and how do you plan to reduce or eliminate them when having a business​
    7·1 answer
  • "tom is employed by acme industries and is covered by its group long-term disability plan. the company pays 80 percent of the pr
    8·1 answer
  • In the venture life cycle, moving from the development stage to the startup stage frequently begins with the preparation of a bu
    9·1 answer
  • UNIT 4-5: DETERMINANTS PRACTICE I Practice with Shifts of Demand &amp; Supply
    7·1 answer
  • On January 1, the Elias Corporation issued 10% bonds with a face value of $113,000. The bonds are sold for $110,740. The bonds p
    8·1 answer
  • Which type of brand tends to have the lowest price?
    12·1 answer
  • One of the disadvantages of using customer value propositions is that they are complex and difficult to understand. True False
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!