Answer:
3 times
Explanation:
Financial Statements depicts the financial position of a firm at a particular point of time or specified date. The users of financial statements use various types of analysis to understand or compare the current financial statements of the company to prior years or with those of the competitors.
‘Ratio Analysis’ is used to analyze the performance of a company. It is used to analyze the liquidity, profitability, solvency and operational efficiency of the company.
Given:
Cost of goods sold = $255,000
Beginning inventory = $90,000
Ending inventory = $80,000
Inventory turnover is the ratio of cost of goods sold to inventory receivable.
It can be calculated as:
Average inventory =
Average inventory =
Average inventory =
Average inventory = $85,000
Inventory turnover ratio =
Inventory turnover ratio =
Inventory turnover ratio = 3 times
Answer:
I don't really understand the question
Explanation:
I don't know
but I will check out it later
Answer:
Bob's predetermined overhead rate = 9.91
Explanation:
Calculation for predetermined overhead rate
Predetermined overhead rate = Estimated (Budgeted) Overhead Expense / Estimated Direct Labor Hours
Predetermined overhead rate = 110917 / 11198
Predetermined overhead rate = 110.917 / 11.198
Predetermined overhead rate = 9.91
This combined process is called the market-related cost approach and is primarily used when valuing residential property The Valuation Process.
<h3>What is
Valuation Process?</h3>
Analysts use valuation to determine the current or expected value of a stock, company, or asset. The goal of valuation is to appraise a security and compare its calculated worth to the current market price in order to identify promising investment possibilities.
The appraisal procedure starts when an appraiser finds the appraisal problem and finishes when they present their findings to you. Estimating market value is the most common appraisal assignment.
A valuation is used to assess the efficacy of your strategic decision-making process and to provide the opportunity to track performance in terms of expected change in value rather than just revenue.
To know more about Valuation Process follow the link:
brainly.com/question/15904086
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