Suppose you go to a company that pays 0.04 for the first day, 0.08 for the second day, 0.16 for the third day and so on. If the daily wage keeps doubling, what will your total income be for working 31 days ?

Anderson farms, inc. provided the following for 2018: cost of goods sold (cost of sales)$1,300,000beginning merchandise inventory340,000ending merchandise inventory630,000calculate the company's inventory turnover ratio for the year. (round your answer to two decimal places.)