shymitch32
13.03.2020 •
Business
Haymitch Global Industries is a world leading producer of loudspeakers and other electronics products, which are sold under brand names like JRH, Excelsior, and Haymitch/Krug. The company reported the following amounts in its financial statements (in millions)
2013 2012
Net Sales $ 6,000 $ 6,060
Cost of Goods Sold 4,900 4,700
Beginning Inventory 550 470
Ending Inventory 660 550
Required:
1.
Determine the inventory turnover ratio and average days to sell inventory for 2013 and 2012. (Use 365 days in a year. Round your intermediate and final answers to 1 decimal place.)
20132012
Inventory Turnover Ratiotimes per yeartimes per year
Days to Selldaysdays
Solved
Show answers
More tips
- C Cities and Countries How to Easily and Quickly Obtain a Schengen Visa?...
- F Food and Cooking Red Caviar: How to Choose the Best?...
- C Computers and Internet Clearing Cache: How to Speed Up Your Browser...
- S Style and Beauty How are artificial nails removed?...
- S Style and Beauty Secrets of Tying a Pareo: 5 Ways...
- F Food and Cooking Everything You Need to Know About Pasta...
- C Computers and Internet How to Choose a Monitor?...
- H Horoscopes, Magic, Divination Where Did Tarot Cards Come From?...
Answers on questions: Business
- B Business Under a contractionary taxation policy, the government can reduce the deficit by increasing taxes. reducing taxes. increasing spending. reducing spending....
- P Physics graph relationship quantitative analysis part b: based on your graph and the table at the right, identify the correct relationship between the drop height and the time to fall to...
Ответ:
$X = $12y
Step-by-step explanation:
In this question, we are asked to give an expression to represent the amount of money charged to a man who stayed in a motel for a particular number of days.
Firstly, we need to know the amount of money charged per day. This is visible from
the question and it is equal to $y.
Secondly, the number of days/night stayed is 12 days. This means that the amount of money he was charged is 12 * y = $12y
Since the amount of money charged is equal to $x, the amount to pay can be expressed in terms of y and x to be
$X = $12y