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Author Question: Foreman Outfitters, a retail store of camping supplies, has sales of $300,000 and cost of goods sold ... (Read 28 times)

moore.cailinf

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Question 1

Last year Boxer Corporation had net income of $24,000, income tax expense of $7,200 and interest expense of $2,000. What is Boxer's times interest earned ratio?

Question 2

Foreman Outfitters, a retail store of camping supplies, has sales of $300,000 and cost of goods sold of $210,000. Beginning inventory was $20,000 and ending inventory was $12,000. What is the company's average days to sell inventory?


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Marked as best answer by moore.cailinf on Feb 5, 2023

viper01

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moore.cailinf

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Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review


miss_1456@hotmail.com

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Reply 3 on: Yesterday
Wow, this really help

 

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