(Answered) Suppose a company made 2000000 in revenue last year the

Management Studies

Suppose a company made $2,000,000 in revenue last year. The cost of goods sold was $85,000 last year, and the average inventory value for the year was $50,000.

(a) What was the inventory turnover of the company?

(b) What was the weeks-of-supply of the company?

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M92780074
Price:- $10

Verified Expert

Priced at $20 Now at $10, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Management

What are the corporate managerial influences of employing

What are the corporate managerial influences of employing and implementation of business ethics?

Paraphrase the text bellow in academic waythe effects of

Paraphrase the text bellow in academic way. The effects of the TPP agreement could have had both positive and negative effects. Most participating countries could benefit from the deal. However, there were fears that the ...

A in how many ways can 5 men and women stand in a queue in

(a) In how many ways can 5 men and women stand in a queue in such a way that no two women stand together and no two men stand together? (b) A librarian wants to put 30 different books on 3 shelves, 10 books on each shelf ...

What are some differences between transaction processing

What are some differences between Transaction Processing Information Systems and Management Information Systems?

The evolutionary process is one important perspective of

The evolutionary process is one important perspective of strategic management. What is evolutionary process?

What involvement does management need to have to achieve

What involvement does management need to have to achieve buy-in from internal stakeholders?

Describe the proceduresguidelines used by hr to conduct a

Describe the procedures/guidelines used by HR to conduct a job evaluation.

1 the absence of a formal code of conduct in the

1. The absence of a formal code of conduct in the company 2. Become aware of a certain lack of integrity of the management 3. The overstatement of revenue by bill and use of company cars for private purposes by the compa ...

Can you please direct me on how i should go about

Can you please direct me on how I should go about describing an interview by providing 3 structured behavioral questions? Choose a job that you are interested in. You may relate it to your term project by choosing a movi ...

What are some challenges that come with global branding and

What are some challenges that come with global branding and also what are the benefits. What makes global branding unique. What part of the world pose the bigger challenges explain why.

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert