Biology Forums - Study Force

Other Fields Homework Help Accounting Topic started by: harra on Sep 19, 2017



Title: Alpha Company had $45,000 in beginning inventory and $80,000 in ending inventory. Cost of goods ...
Post by: harra on Sep 19, 2017
Alpha Company had $45,000 in beginning inventory and $80,000 in ending inventory.  Cost of goods sold for the period was $25,000.  The inventory turnover is:
A) 0.56.
B) 0.3125.
C) 0.4.
D) 4.0.


Title: Re: Alpha Company had $45,000 in beginning inventory and $80,000 in ending inventory. Cost of goods ...
Post by: migrod on Sep 19, 2017
C
Explanation:  C) Calculations: $25,000/(($45,000 + $80,000)/2)


Title: Re: Alpha Company had $45,000 in beginning inventory and $80,000 in ending inventory. Cost of goods ...
Post by: harra on Dec 31, 2017
thank you × a million