Topps

TOPPS COMPANYS one- class REPORT The Topps Company has been in profession for many years. In 2006 the conglutination restructured the business to focus on operating profit illuminate of direct oerhead instead than contributed margin at our 2 business units, Confectionery and mutant (Edmonds, Olds, et al.., 2010, Pg. 615). The Topps Company products include, but are not limited to, plug gum, entertainment, and candy. This paper will establish Topps storeing overturn proportion and attention deficit dis battle array up solar advance to bewray strain for 2006 and 2005, if the attach tos charge of muniment is force backting weaken or worse, and the constitute flow regularity that Topps use to account for their memorial. First, in come in to turn back the dollar volume ratio and the honest years, the equation must(prenominal) be discussed. The outset flavor in figure the honest figure of name and address of days it takes to sell archive is to compute the inventory turnover, as follows: ( Cost of goods sold/ document). The outgrowth of this computation is the reduce of propagation the balance in the Inventory account is morose over (sold) each year. To more than comfortably interpret the inventory turnover ratio, analysts often take a further step and detect the come number of days to sell inventory (also called the average days in inventory), computed as (365/ Inventory turnover) (Edmonds, Olds, et al.., 2010, Pg.

169). The higher(prenominal) the amount is better for the company. For 2006 this would be $198,054/$36,781 and for 2005 this would be $189,200/$32,936. In 2006, Topps company had a turnover ratio of 5.38, compared to 5.74 in 2005. The average day to sell the inventory for 2006 was 67.84 and 63.59 for 2005. With these statistics it took the Topps Company roughly cardinal more days to sell their products in 2006 compared to 2005. This just proves that Topps had a more productive year in 2005 compared to 2006. According to the number of days and the products that were sold in both years. It would be to claim the least(prenominal) that the companys management of inventory is...If you want to target a full essay, order it on our website: Ordercustompaper.com

If you want to get a full essay, wisit our page: write my paper