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E6.12 (LO 4) Writing This information is available for Sepia Photos for 2018, 2019, and 2020. Instructions 2018 2019 2020 Beginning inventory 100,000 330,000 400,000
E6.12 (LO 4) Writing This information is available for Sepia Photos for 2018, 2019, and 2020. Instructions 2018 2019 2020 Beginning inventory 100,000 330,000 400,000 Ending inventory 400,000 400,000 480,000 Cost of goods sold 900,000 1,120,000 1,300,000 Sales revenue 1,100,000 1,600,000 1,900,000 Calculate inventory turnover and days in inventory for Sepia Photos for 2018, 2019, and 2020. Comment on any trends
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