Complete the Table

question 85

Short Answer

Complete the table:
$$\begin{array} { | l | l | l | l | l | } \hline \text { Beg Inventory } & & \text { Units } & \text { Unit Cost } & \text { Dollar Cost } \\\hline & \text { Jan 1 } & 20 & \$ 8.00 & \text { A } \\\hline & \text { May 10 } & 15 & \$ 11.00 & \text { B } \\\hline & \text { June 30 } & 17 & \$ 20.00 & \text { C } \\\hline & \text { Dec 10 } & 12 & \$ 21.00 & \text { D } \\\hline\end{array}$$

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Definitions:

Inventory Turnover

A measure of how many times a company's inventory is sold and replaced over a specific period, indicating the efficiency of inventory management.

Receivables Turnover

A financial metric that measures how efficiently a company collects cash from its credit sales by calculating the number of times receivables are turned over during a period.

Payables Turnover

A financial ratio that measures how fast a company pays its suppliers, calculated as the cost of sales divided by average accounts payable.

Cash Cycle

The duration of time it takes for a business to convert its investments in inventory and other resources into cash flows from sales.