Question
A company reports the following: Cost of merchandise sold $1,478,250 Average merchandise inventory 328,500 Determine (a) the inventory turnover and (b) the number of days'
A company reports the following: Cost of merchandise sold $1,478,250 Average merchandise inventory 328,500 Determine (a) the inventory turnover and (b) the number of days' sales in inventory. Assume a 365-day year. Round your answers to one decimal place. a. Inventory turnover fill in the blank 1 b. Number of days' sales in inventory fill in the blank 2 days
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Audit Function Strategy Driving Audit Value The Best Practice Strategy Guide For Maximising The Audit Added Value At The Internal Audit Function Level Volume 1
Authors: Hans Beumer
1st Edition
3906861139, 978-3906861135
