Rouse Incorporated reported sales, cost of sales, and inventory figures for last year and the current year
Question:
Rouse Incorporated reported sales, cost of sales, and inventory figures for last year and the current year as follows (all dollars in thousands).
What is the amount of inventory turnover for each year, and in which year did Rouse manage its inventory most efficiently?
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Inventory turnover for last year85 27 315 Inventory turnover for current year 90 35 257 The tu...View the full answer
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Related Book For 
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ISBN: 9781260247930
19th Edition
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
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