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10.3. The Ashton Furniture Company manufactures coffee tables and chests of drawers. Last year the company's cost of goods sold was $3,700,000, and it carried
10.3. The Ashton Furniture Company manufactures coffee tables and chests of drawers. Last year the company's cost of goods sold was $3,700,000, and it carried inventory of oak, pine, stains, joiners, and brass fixtures, work-in-process of furniture frames, drawers and wood panels, and finished chests and coffee tables. Its average inventory Lavele for a 52 -week business year were as follows. Determine the number of inventory turns and the days of supply for the furniture company
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