
Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello
النسخة 17الرقم المعياري الدولي: 978-0078025778
Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello
النسخة 17الرقم المعياري الدولي: 978-0078025778 تمرين 36
Inventory Turnover
A recent annual report of Kraft Foods Group, Inc. , reveals the following information (dollar amounts are stated in millions):
a. Compute Kraft Food Group, Inc. 's inventory turnover for the year (round to nearest tenth).
b. Compute the number of days required to sell its average inventory (round to the nearest day).
c. What is the length of Kraft 's operating cycle?
d. What comparative information would you want to be able to evaluate Kraft 's operating cycle figure?
A recent annual report of Kraft Foods Group, Inc. , reveals the following information (dollar amounts are stated in millions):
a. Compute Kraft Food Group, Inc. 's inventory turnover for the year (round to nearest tenth).
b. Compute the number of days required to sell its average inventory (round to the nearest day).
c. What is the length of Kraft 's operating cycle?
d. What comparative information would you want to be able to evaluate Kraft 's operating cycle figure?
التوضيح
(a) Compute the inventory turnover rate ...
Financial & Managerial Accounting 17th Edition by Jan Williams ,Susan Haka,Mark Bettner,Joseph Carcello
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