Question
A firm with sales of 500 k has average inventory of 200 k. the industry average for inventory turnover is 4 times a year. what
A firm with sales of 500 k has average inventory of 200 k. the industry average for inventory turnover is 4 times a year. what would the reduction in inventory if this firm were to achieve a turnover comparable to the industry average?
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Investments An Introduction
Authors: Herbert B Mayo
9th Edition
324561385, 978-0324561388
