Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. question 19 annual data for metacorp appear below,

Question 19 Annual data for Metacorp appear below, in millions of US dollars: Sales Revenue...

70.2K

Verified Solution

Question

Accounting

image
Question 19 Annual data for Metacorp appear below, in millions of US dollars: Sales Revenue Cost of Goods Sold Operating Income Ending Inventory Ending Accounts Payable 2016 2017 2018 2019 126.1 131.3 144.5 150.4 45.3 50.8 54.6 55.3 18.8 21.1 20.9 23.3 9.6 10.2 10.8 9.6 10.2 8.8 9.5 10.2 Calculate Metacorp's inventory turnover ratio for 2019. Round your answer to 1 decimal place (xx.x)

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

CB Markets imports and sells small bear-shaped piñatas. In planning for the coming year, the company's...

Accounting
Q

Neisseria gonorrhoeae has multiple different genes for fimbriae, and can change them so that the immune...

Biology
Q

Below is an alphabetical listing of all the accounts for T.O.'s Dance studio on 12/31/11. Assume...

Accounting
Q

The Seaberg Library is interested in the relationship between the inches of rain in a month...

Advance Math
Q

You will select one specific topic that is leading to an airspace capacity challenge to address...

General Management
Q

An energy of 24 6 eV is required to remove one of the electrons from...

Physics
Q

6 Find the equivalent capacitances of the combinations shown in figure 31 E15 between the...

Physics
Q

Hint s Check My Work Consider a sample with data values of 27 24 23...

Statistics
Q

If fis continuous for all x which of the following integrals necessarily have the same...

Calculus
Q

(T/F) File memos are the basis for the formal communication that will be read by...

Accounting
Q

Check my work Required information [The following information applies to the questions displayed below) Warnerwoods...

Accounting
Q

Select the correct Dr. and Cr. to record this event..... Your retail store uses Perpetual...

Accounting