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compute the inventory turnover for each year The following data Were taken from the financial records of Mydorf Company. Net Sales Beginning inventory Purchases Ending
compute the inventory turnover for each year
The following data Were taken from the financial records of Mydorf Company. Net Sales Beginning inventory Purchases Ending inventory (1) (2) Inventory turnover Days in inventory 2022 940.000 1,020000 2022 4.8 times 76 days 2021 860,000 4,661,000 940,000 - 2021 5.0 times 73 days What conclusions concerning the management Of the inventory can be drawn from these data? 1 OWord(s)
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