Business, 09.12.2020 21:20 angeleyes4u610p6np54
A company reports annual sales of $5 million, cost of goods sold of $2 million, inventory of $0.5 million, and net income of $0.75 million. What are the company's annual inventory turns?
a. 10
b. 4
c. 0.25
d. 0.1
Answers: 3
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Utilization will always be lower than efficiency because: a. effective capacity is greater than design capacityb. expected output is less than actual output.c. effective capacity equals design capacity.d. effective capacity is less than design capacity.e. expected output is less than rated capacity.
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A company reports annual sales of $5 million, cost of goods sold of $2 million, inventory of $0.5 mi...
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