Inventory Analysis
A company reports the following:
Cost of goods sold $435,000
Av...
Business, 11.02.2020 22:50 kobiemajak
Inventory Analysis
A company reports the following:
Cost of goods sold $435,000
Average inventory 72,500
Determine the inventory turnover and the number of days' sales in inventory. Assume 365 days a year.
A. Inventory turnover
B. Number of days' sales in inventory
Answers: 2
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