CourseLover

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Teaching Since: May 2017
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  • MCS,MBA(IT), Pursuing PHD
    Devry University
    Sep-2004 - Aug-2010

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  • Assistant Financial Analyst
    NatSteel Holdings Pte Ltd
    Aug-2007 - Jul-2017

Category > Accounting Posted 10 Dec 2017 My Price 10.00

calculate the days inventory for this firm

Utilizing the following information, calculate the days inventory for this firm

Smith Plumbing MFG has hired you to help them with their cash flow.  Here is their data:

 Sales                      $525,000          Acct Payble                         $41,000                GPM      35%

Cash                      $12,000             Short Term Debt              $120,000                 OPM      22%

Inventory            $65,000                 Long Term Debt                $180,000               NPM      10%

Reveivables        $80,000                              Owner’s Equity $700,000

Mkt Secur           $25,000                 Interest Expense             $12,000

Answers

(12)
Status NEW Posted 10 Dec 2017 09:12 AM My Price 10.00

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