Your Perfect Assignment is Just a Click Away

Starting at $8.00 per Page

100% Original, Plagiarism Free, Customized to Your instructions!


Question Description

2) Ceramics, Inc. (CI), a company that manufactures bath tiles, is interested in measur­ing inventory effectiveness. Last year the cost of goods sold at CI was $200,000 on sales of $250,000. The average inventory in dollars was $12,000. At the end of the year, CI had outstanding receivables of $30,000 and payables of $20,000.

  • a)Calculate the inventory turnover for CI.
  • b)Calculate the days of inventory. Assume that CI operates 6 days per week and 52 weeks per year.
  • c)Calculate the weeks of inventory. Assume 52 weeks per year.
  • d)What is the cash-to-cash cycle time at CI?
  • e)Assume it is December 31, and CI has exactly $12,000 in inventory. (Note, there is a formatting error in the book where part e) is not labeled properly.) CI has a forecast of $11,000 in sales for January and $9,000 in February. How many days of forecast can be met with the current inventory given there are 23 work days in January and 21 in February? (Use specifics, not averages.)
  • 3)You have just determined that your service employees have used a total of 2400 hours of labor this week to process 560 insurance forms. Last week the same crew used only 2000 hours of labor to process 480 forms. Is productivity increasing or decreasing, and by how much?

"Place your order now for a similar assignment and have exceptional work written by our team of experts, guaranteeing you A results."

Order Solution Now

Our Service Charter

1. Professional & Expert Writers: Eminence Papers only hires the best. Our writers are specially selected and recruited, after which they undergo further training to perfect their skills for specialization purposes. Moreover, our writers are holders of masters and Ph.D. degrees. They have impressive academic records, besides being native English speakers.

2. Top Quality Papers: Our customers are always guaranteed of papers that exceed their expectations. All our writers have +5 years of experience. This implies that all papers are written by individuals who are experts in their fields. In addition, the quality team reviews all the papers before sending them to the customers.

3. Plagiarism-Free Papers: All papers provided by Eminence Papers are written from scratch. Appropriate referencing and citation of key information are followed. Plagiarism checkers are used by the Quality assurance team and our editors just to double-check that there are no instances of plagiarism.

4. Timely Delivery: Time wasted is equivalent to a failed dedication and commitment. Eminence Papers are known for the timely delivery of any pending customer orders. Customers are well informed of the progress of their papers to ensure they keep track of what the writer is providing before the final draft is sent for grading.

5. Affordable Prices: Our prices are fairly structured to fit in all groups. Any customer willing to place their assignments with us can do so at very affordable prices. In addition, our customers enjoy regular discounts and bonuses.

6. 24/7 Customer Support: At Eminence Papers, we have put in place a team of experts who answer all customer inquiries promptly. The best part is the ever-availability of the team. Customers can make inquiries anytime.