Question
A company had an average inventory last year of $148,000 and its inventory turnover was 6. If sales volume and unit cost remain the same
A company had an average inventory last year of $148,000 and its inventory turnover was 6. If sales volume and unit cost remain the same this year as last and inventory turnover is 8 this year, what will average inventory have to be during the current year?
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IT Auditing An Adaptive Process
Authors: Robert E. Davis
1st Edition
0557220513, 978-0557220519
