Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
retownes retownes
wrote...
Posts: 959
Rep: 0 0
6 years ago
The following data are pulled from a recent Walsh Manufacturing annual report.

Assets
Raw material inventory   $120,000
Work-in-process inventory   $50,000
Finished goods inventory   $300,000
Property, plant & equipment   $500,000
Other assets     $200,000
Total assets   $1,170,000

Condensed Income Statement
Revenue   $2,000,000
Cost of goods sold   $600,000
Other expenses   $1,000,000
Net income   $400,000

Calculate: (a) Percent invested in inventory, (b) Inventory turnover, and (c) Weeks of supply.
Textbook 
Operations Management

Operations Management


Edition: 10th
Authors:
Read 958 times
3 Replies
Replies
Answer verified by a subject expert
kadajikadaji
wrote...
Top Poster
Posts: 992
Rep: 9 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

wrote...
3 years ago
Thanks Man
wrote...
3 years ago
cool
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  916 People Browsing
 114 Signed Up Today
Related Images
  
 227
  
 603
  
 215
Your Opinion
How often do you eat-out per week?
Votes: 79