United Corporation has $65,000 of cost of goods sold and average inventory of $30,000. What is United
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United Corporation has $65,000 of cost of goods sold and average inventory of $30,000. What is United Corporation’s inventory turnover ratio?
a. 0.46
b. 1.17
c. 1.46
d. 2.17
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Related Book For
Cornerstones Of Financial Accounting Current Trends Update
ISBN: 9781111527952
1st Edition
Authors: Jay Rich , Jeff Jones, Maryanne Mowen , Don Hansen
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