Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. anthony thomas aggregates (ata) reported the follo

Anthony Thomas Aggregates (ATA) reported the following financial data: Sales $305,000...

50.1K

Verified Solution

Question

Accounting

image
Anthony Thomas Aggregates (ATA) reported the following financial data: Sales $305,000 Sales returns and allowances 9.000 Net sales $296.000 Cost of goods sold: Inventory, January 1 43,000 Net purchases 152.000 Goods available for sale 195,000 Inventory, December 31 57.000 Cost of goods sold 138.000 Gross profit $158.000 Compute ATA's average number of days in inventory. Show computations for partial credit

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

1. Can you think of a reason why multinational corporations might be riskier than companies that...

Finance
Q

How ca we define faith? And reason according to Al-ghazali ? Compare with St. Augustine's ideas...

Psychology
Q

The surface charge density of very large surface is equal to 3 0x10 C m...

Physics
Q

Match the credit score category to the correct percent credit payment history current debts credit...

Basic Math
Q

9 Describe a relationship between two variables and y that would NOT be considered a...

Basic Math
Q

18 What would you have to do to change 10 cubic feet into cubic inches...

Basic Math
Q

What is the value of the expression below when w =7 and x=6?5w-x

Basic Math
Q

A shuttle bus arrives at a hotel every 40 minutes to take guests into town....

Basic Math
Q

6a 4a 6 da Do not include the constant C in your answer For example...

Calculus
Q

What is the domain of the function f 2 3 32 7 4 Select the...

Algebra
Q

ABC Corp bought a production machine on January 1, 2012 for $31,250. The company elected...

Accounting
Q

Caterpillar Inc.'s net income recently decreased from the prior year however basic EPS increased. Caterpillar...

Accounting