subject
Business, 27.06.2019 04:10 randall10

Baker mfg inc. wishes to compare its inventory turnover to those of industry leaders, who have turnover of about 1313 times per year and 88% of their assets invested in inventory. baker mfg. inc. net revenue $27 comma 50027,500 cost of sales $20 comma 05020,050 inventory $1 comma 2801,280 total assets $17 comma 02017,020 a) what is baker's inventory turnover? 15.6615.66 times per year (round your response to two decimal places). b) what is baker's percentage of assets committed to inventory? 88% (enter your response as a percentage rounded to two decimal places).

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 01:30
Claire wants to include animations in her presentation slides. which element of the presentation program’s interface will have the options for animation? claire should use the to include animations in her presentation slides.
Answers: 1
question
Business, 22.06.2019 02:30
The cost of capital: introduction the cost of capital: introduction companies issue bonds, preferred stock, and common equity to aise capital to invest in capital budgeting projects. capital is』necessary factor of production and like any other factor, it has a cost. this cost is equal to the select the applicable security. the rates of return that investors require on bonds, preferred stocks, and common equity represent the costs of those securities to the firm. companies estimate the required returns on their securities, calculate a weighted average of the costs of their different types of capital, and use this average cost for capital budgeting purposes. required return on rate: when calculating om operations when the firm's primary financial objective is to select shareholder value. to do this, companies invest in projects that earnselect their cost of capital. so, the cost of capital is often referred to as the -select -select and accruals, which a se spontaneously we hted average cost of capital wa c our concern is with capital that must be provided by select- 쑤 interest-bearing debt preferred stock and common equity. capital budgeting projects are undertaken, are not included as part of total invested capital because they do not come directly from investors. which of the following would be included in the caculation of total invested capital? choose the response that is most correct a. notes payable b. taxes payable c retained earnings d. responses a and c would be included in the calculation of total invested capital. e. none of the above would be included in the cakulation of total invested capital.
Answers: 2
question
Business, 22.06.2019 20:50
Which of the following statements regarding the southern economy at the end of the nineteenth century is accurate? the south was producing as much cotton as it had before the civil war.
Answers: 3
question
Business, 22.06.2019 21:00
Reagan corporation is a wholesale distributor of truck replacement parts. initial amounts taken from reagan's records are as follows:
Answers: 1
You know the right answer?
Baker mfg inc. wishes to compare its inventory turnover to those of industry leaders, who have turno...
Questions
Questions on the website: 13722363