John Company has cost of goods sold of $100,000. Beginning inventory is $1,500 and ending inventory is $2,000. Calculate John Company's inventory turnover.

57.14

Explanation:

Inventory Turnover is a ratio to show how many times a company has used, sold and replaced inventory (stock) over a given period of time.

It is calculated as follows:

Cost of Goods Sold / Average Inventory

To calculate that, we need find out average inventory, which is:

(Inventory at beginning + inventory at end) / 2

That is: ($1500 + $2000) / 2 = $1750.

Thus, inventory turnover is:

$100,000 / $1750 = 57.14 (approx. 2 decimal places)

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%

answer: b. false

the staff is a set of five horizontal lines and four spaces which represent a different musical pitch. the lines and the spaces are numbered from bottom to top, the bottom line is the first line and the fifth line is the line on the top. the notes on the top of the staff (fifth line) have a higher pitch than a note at the bottom of the staff.