Inventory turnover for the year, Accounting Basics

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Inventory turnover for the year

Jason Enterprises began the 2007 year with an Inventory Balance of $266,590 and ended the year with an Inventory Balance of $295,780. Their Cost-of-Goods-Sold for the year was $4,568,750. What was their Inventory Turnover for the year and what was their DSO (Days Sales Outstanding) in Inventory at Year-end?

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Accounting Basics: Inventory turnover for the year

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Accounting Basics: Inventory turnover for the year

Reference No:- TGS0517832

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : Impacts of organizations-outsourcing in recent years

Q : Calculating depreciation from given data

Q : Generic strategy and grand strategy for the organization

Q : Computing the final value of inventory

Q : Inventory turnover for the year

Q : Determine the price having cost plus pricing

Q : What is the cost per unit to produce model

Q : What profit margin percent will the company earn

Q : Find factors lead to change in supply and change in demand

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Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: Inventory turnover for the year

Reference No:- TGS0517832

Recent Questions Asked Accounting Basics

Q : Impacts of organizations-outsourcing in recent years

Q : Calculating depreciation from given data

Q : Generic strategy and grand strategy for the organization

Q : Computing the final value of inventory

Q : Inventory turnover for the year

Q : Determine the price having cost plus pricing

Q : What is the cost per unit to produce model

Q : What profit margin percent will the company earn

Q : Find factors lead to change in supply and change in demand

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