Aegis Industries Inc., is the biggest snowmobile manufacturer in the world. It reported the following amounts in its financial statements (in millions): 2012 2013 2014 2015 Net Sales Revenue $ 5,000 $ 4,460 $ 3,790 $ 3,370 Cost of Goods Sold 4,430 3,940 3,420 2,970 Average Inventory 500 450 390 380 Required: 1-a. Calculate the inventory turnover ratio for 2015, 2014, and 2013. 1-b. Calculate the average days to sell inventory for 2015, 2014, and 2013. 2. Is Aegis performing better than its competitor Snow Pack Corporation where the inventory turned over is 7.2 times in 2015 (50.7 days to sell). Both companies use the same inventory costing method (FIFO).
Answers: 2
Physics, 22.06.2019 06:00
When you push downward on a book at rest on a table, you feel an upward force. does this force depend on friction? defend your answer.
Answers: 2
Physics, 22.06.2019 06:30
If an atom contains 11 protons in its nucleus, predict the element with the atomic number and electronic configuration. will the number of electrons remain the same during the chemical reaction in such an atom? explain.
Answers: 3
Physics, 22.06.2019 09:00
In the first law of thermodynamics, triangle e=q-w, what does q stand for
Answers: 1
Physics, 22.06.2019 16:50
Consider the growth of a 20-nm-diameter silicon nanowire onto a silicon wafer. the temperature of the wafer surface is maintained at 2400 k. assume the thermal conductivity of the silicon nanowire is 20 wm-1k-1 and all its surfaces including the tip are subjected to convection heat transfer with the coefficient h = 1Γ105 wm-2k-1 and tβ = 8000 k. when the nanowire grows to l = 300 nm, what is the temperature of the nanowire tip (t (x =
Answers: 1
Aegis Industries Inc., is the biggest snowmobile manufacturer in the world. It reported the followin...
Mathematics, 10.03.2020 03:01
Mathematics, 10.03.2020 03:01
Health, 10.03.2020 03:01
English, 10.03.2020 03:01
Advanced Placement (AP), 10.03.2020 03:01