subject
Business, 09.12.2021 03:10 hannahboohoo120

Agnes Company reported the following data: Quick assets $55,000 Current assets 150,000 Total liabilities 300,000 Average net receivables 12,600 Beginning inventory 38,000 Long-term liabilities 200,000 Net credit sales 126,000 Cost of goods sold 84,000 Ending inventory 46,000 What was the inventory turnover ratio?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 20:30
The distinction between a normal and an inferior good is
Answers: 3
question
Business, 22.06.2019 06:40
Depreciation on the company's equipment for 2017 is computed to be $18,000.the prepaid insurance account had a $6,000 debit balance at december 31, 2017, before adjusting for the costs of any expired coverage. an analysis of the company's insurance policies showed that $1,100 of unexpired insurance coverage remains.the office supplies account had a $700 debit balance on december 31, 2016; and $3,480 of office supplies were purchased during the year. the december 31, 2017, physical count showed $300 of supplies available.two-thirds of the work related to $15,000 of cash received in advance was performed this period.the prepaid insurance account had a $6,800 debit balance at december 31, 2017, before adjusting for the costs of any expired coverage. an analysis of insurance policies showed that $5,800 of coverage had expired.wage expenses of $3,200 have been incurred but are not paid as of december 31, 2017.
Answers: 3
question
Business, 22.06.2019 09:40
Henry crouch's law office has traditionally ordered ink refills 55 units at a time. the firm estimates that carrying cost is 35% of the $11 unit cost and that annual demand is about 240 units per year. the assumptions of the basic eoq model are thought to apply. for what value of ordering cost would its action be optimal? a) for what value of ordering cost would its action be optimal?
Answers: 2
question
Business, 22.06.2019 11:00
How did the contribution of the goods producing sector to gdp growth change between 2010 and 2011 a. it fell by 0.3%. b. it fell by 2.3%. c. it rose by 2.3%. d. it rose by 0.6%. the answer is b
Answers: 1
You know the right answer?
Agnes Company reported the following data: Quick assets $55,000 Current assets 150,000 Total liabili...
Questions
question
Mathematics, 11.10.2020 22:01
question
Mathematics, 11.10.2020 22:01
question
Chemistry, 11.10.2020 22:01
question
Mathematics, 11.10.2020 22:01
question
Engineering, 11.10.2020 22:01
question
Mathematics, 11.10.2020 22:01
question
Mathematics, 11.10.2020 22:01
question
Mathematics, 11.10.2020 22:01
question
History, 11.10.2020 22:01
Questions on the website: 13722363