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A company reports the following: Cost of goods sold $2,573,250 Average inventory $182,500 Round your answers to one decimal place. a. Determine the inventory turnover.
A company reports the following:
| Cost of goods sold | $2,573,250 | |
| Average inventory | $182,500 |
Round your answers to one decimal place.
a. Determine the inventory turnover.
b. Determine the number of days' sales in inventory.
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Auditing Humor And Other Oxymorons
Authors: Mr Mike Jacka
1st Edition
0991280903, 978-0991280902
