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Other Fields Homework Help Accounting Topic started by: LiChan on Dec 13, 2016



Title: The following information is provided for Holiday, Inc.:Cash$ 19Interest expense$ 61Cost of ...
Post by: LiChan on Dec 13, 2016
The following information is provided for Holiday, Inc.:
   Cash   $ 19   Interest expense   $ 61
   Cost of sales   2,755   Inventory   703
   Current liabilities   1,141    Other current assets   141
   Income taxes   186   Receivables   606
   Income from      Sales   5,004
    operations   575   Trading securities   109
What is the inventory turnover?
A)   .26 times
B) 3.92 times
C) 1.62 times
D) 7.12 times


Title: Re: The following information is provided for Holiday, Inc.:Cash$ 19Interest expense$ 61Cost of ...
Post by: mourningbird on Dec 15, 2016
Content hidden


Title: Re: The following information is provided for Holiday, Inc.:Cash$ 19Interest expense$ 61Cost of ...
Post by: LiChan on Jan 26, 2017
Flippin awesome


Title: Re: The following information is provided for Holiday, Inc.:Cash$ 19Interest expense$ 61Cost of ...
Post by: mourningbird on Feb 16, 2017
Excellent feedback, thanks