Question
3. A company has $50,000 in inventory, $90,000 per year in COGS (Cost of Goods Sold), and $120,000 per year in revenues. How many times
3. A company has $50,000 in inventory, $90,000 per year in COGS (Cost of Goods Sold), and $120,000 per year in revenues.
How many times per year does the company turn its inventory and how many days inventory on hand does it hold?
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Cost Accounting
Authors: William K. Carter
14th edition
759338094, 978-0759338098
