Question: Just a Buck Discounts Stores is assessing its levels of inventory for 2010 and 2011 and has gathered the following data: Compute the inventory turnover
Just a Buck Discounts Stores is assessing its levels of inventory for 2010 and 2011 and has gathered the following data:
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Compute the inventory turnover and days inventory on hand for 2010 and 2011 and comment on theresults.
2011 2010 2009 Ending invenory 6,00 S81,000 S69,000 Cost of goods sold 480,000 450,000
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