A firm's inventory turnover (IT) is 5 times on a cost of goods sold (COGS) of $800,000.

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A firm's inventory turnover (IT) is 5 times on a cost of goods sold (COGS) of $800,000. If the IT is improved to 8 times while the COGS remains the same, a substantial amount of funds is released from or additionally invested in inventory. In fact,

Posted Date: Jun 15, 2024 05:47 AM

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A firm's inventory turnover (IT) is 5 times on a cost of goods sold (COGS) of $800,000.

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