Author Question: Ward Inc had a beginning inventory of 26,800 and an ending inventory of 52,650. If the cost of goods ... (Read 74 times)

nmorano1

  • Hero Member
  • *****
  • Posts: 598
Ward Inc had a beginning inventory of 26,800 and an ending inventory of 52,650. If the cost of goods sold was 305,000, calculate the inventory turnover. (Round to the nearest tenth)
 A) 7.4 times
  B) 8.7 times
  C) 6.8 times
  D) 7.7 times

Question 2

What number is 125 of 19?



1_Step_At_ATime

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

D

Answer to Question 2

23.75



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

All adverse reactions are commonly charted in red ink in the patient's record and usually are noted on the front of the chart. Failure to follow correct documentation procedures may result in malpractice lawsuits.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

For a complete list of videos, visit our video library