Excerpts from dowling company's december 31, 2018 and 2017, financial statements and key ratios are presented below (all numbers are in millions): 2018 2017accounts receivable (net) $ 20 $ 16net sales $ 115 100cost of goods sold 60 55net income 20 17inventory turnover 5.22return on assets 10.3 %equity multiple 2.36dowling's average inventory balance for 2018 is (rounded):
(a) 11.(b) 12.5.(c) 12.(d) 11.5.
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Business, 21.06.2019 22:40
Job a3b was ordered by a customer on september 25. during the month of september, jaycee corporation requisitioned $2,400 of direct materials and used $3,900 of direct labor. the job was not finished by the end of the month, but needed an additional $2,900 of direct materials in october and additional direct labor of $6,400 to finish the job. the company applies overhead at the end of each month at a rate of 100% of the direct labor cost. what is the amount of job costs added to work in process inventory during october?
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Business, 22.06.2019 08:30
What has caroline's payment history been like? support your answer with two examples
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Business, 22.06.2019 12:40
Kumar consulting operates several stock investment portfolios that are used by firms for investment of pension plan assets. last year, one portfolio had a realized return of 12.6 percent and a beta coefficient of 1.15. the average t-bond rate was 7 percent and the realized rate of return on the s& p 500 was 12 percent. what was the portfolio's alpha?
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Business, 22.06.2019 21:30
Which is the most compelling reason why mobile advertising is related to big data?
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Excerpts from dowling company's december 31, 2018 and 2017, financial statements and key ratios are...
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