The year-end financial statement of Wando's Vineyards reported Net revenues of $19,425,412 and Cost of goods sold of $7,

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The Year End Financial Statement Of Wando S Vineyards Reported Net Revenues Of 19 425 412 And Cost Of Goods Sold Of 7 1 (20.52 KiB) Viewed 10 times

The Year End Financial Statement Of Wando S Vineyards Reported Net Revenues Of 19 425 412 And Cost Of Goods Sold Of 7 2 (17.45 KiB) Viewed 10 times

The Year End Financial Statement Of Wando S Vineyards Reported Net Revenues Of 19 425 412 And Cost Of Goods Sold Of 7 3 (15.24 KiB) Viewed 10 times

The year-end financial statement of Wando's Vineyards reported Net revenues of $19,425,412 and Cost of goods sold of $7,204,884 in year 2. Note 3 to the financial statements reported that Inventories consisted of: Winemaking and packaging materials Work-in-process Finished goods Total inventories Year 2 Year 1 $621,263. $736,052 5,970,613 5,452,831 4,066,925 3,495,122 $10,773,590 $9,569,216 The inventory turnover for Year 2 was: O Select one: O a. None of these are correct. b. 0.71 c. 1.91 d. 0.67 e. 0.76

The year-end financial statements of Collette Inc. reported the following information (in thousands): Year 2 $1,517,397 Select one: Year 1 $1,529,527 546,745 4,094 Cost of sales Inventories, net 585,764 LIFO reserve 4,345 The year 2 average days inventory outstanding is: a. 136.2 days b. 137.2 days c. None of these are correct. d. 140.9 days e. 135.7 days

In footnotes to its year-end annual report, Bancfirst Corp. reported that held-to-maturity debt securities with an amortized cost of $3,929 thousand had an estimated fair value of $3,963 thousand. The balance sheet reported: Select one: O O O ● a. Held-to-maturity assets of $3,929 thousand b. Held-to-maturity assets of $3,963 thousand c. Accumulated other comprehensive income of $34 thousand related to held-to-maturity assets d. Both A and C e. Both B and C