Early in 2022, Fedor Company switched to a just-in-time inventory system. Its sales and inventory amounts for 2021 and 2022 are shown below. 2021 2022
Sales revenue 3,120,000 3,713,000
Cost of goods sold 1,200,000 1,425,000
Beginning inventory 170,000 210,000
Ending inventory 210,000 90,000

Determine the inventory turnover and days in inventory for 2021 and 2022.

Which term describes an alternative to car buying where monthly payments are paid for a specific period of time, after which the vehicle is returned to the dealership or bought? a. car financing b. car maintenance c. car leasing d. car ownership

Which of the following is the best example of substitution? a. movie producers begin making more comedies because they cost less to make than action films. b. people walk out before the end of a movie because the acting and the plot are terrible. c. people at the movie theater switch from popcorn to candy because popcorn has gotten too expensive. d. more people begin going to matinee movies instead of night movies to save money on the tickets.

Nicholas makes $2,000 per month. he spends $300 on credit card payments and $350 on an auto loan. what is his debt-to-income ratio? 17.5 percent 22 percent 2.7 percent 32.5 percent