14.5 On 1 January 2004 Amit & Frances Cos inventory was EUR 400,000. During 2004 the company...
Question:
14.5 On 1 January 2004 Amit & Frances Co’s inventory was EUR 400,000. During 2004 the company purchased EUR 1,900,000 of additional inventory, and on 31 December 2004 the total inventory was EUR 500,000.
What is the inventory turnover for 2004?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
1+ Reviews
10+ Question Solved
Related Book For 
Financial Accounting An International Approach
ISBN: 9780273693192
1st Edition
Authors: Prof Jagdish Kothari, Elisabetta Barone, Barone Kothari
Question Posted:
