The inventory turnover ratio measures the speed with which inventory moves through the firm and gets converted into sales. Inventory turnover = Cost of Goods Sold / Average Inventory Imagine that you are an accountant for a manufacturing firm. In your industry, annual inventory is about 1.8 times. In your evaluation of company performance, you notice the following. Inventory turnover in Q1 of 2016 was 1.9 times Inventory turnover in Q1 of 2017 was 1.7 times Inventory turnover in Q1 of 2018 was 1.4 times What does this trend indicate?
Answers: 3
Another question on Business
Business, 21.06.2019 22:30
Your project team’s recommendations to increase productivity have been approved and your team is now working on an implementation plan. in order to accomplish the plan, several subject matter experts from various parts of the organization have been brought in to assist. you have noticed friction and conflict among team members. some of the disagreement and opposition on your team supports the achievement of team goals and objectives. this type of conflict can be described as:
Answers: 1
Business, 22.06.2019 06:30
If the findings and the results are not presented properly, the research completed was a waste of time and money. true false
Answers: 1
Business, 22.06.2019 07:40
(a) what was the opportunity cost of non-gm food for many buyers before 2008? (b) why did they prefer the alternative? (c) what was the opportunity cost in 2008? (d) why did it change?
Answers: 3
Business, 22.06.2019 09:00
Brian has been working for a few years now and has saved a substantial amount of money. he now wants to invest 50 percent of his savings in a bank account where it will be locked for three years and gain interest. which type of bank account should brian open? a. savings account b. money market account c. checking account d. certificate of deposit
Answers: 1
You know the right answer?
The inventory turnover ratio measures the speed with which inventory moves through the firm and gets...
Questions
English, 01.10.2019 06:30
Mathematics, 01.10.2019 06:30
Mathematics, 01.10.2019 06:30
Mathematics, 01.10.2019 06:30
Mathematics, 01.10.2019 06:30
Mathematics, 01.10.2019 06:30
Advanced Placement (AP), 01.10.2019 06:30
Mathematics, 01.10.2019 06:30
Mathematics, 01.10.2019 06:30
