Question
For Home Depot and Lowe's review the relationship between the cost of sales and inventory to determine if inventories are increasing more rapidly that cost
For Home Depot and Lowe's review the relationship between the cost of sales and inventory to determine if inventories are increasing more rapidly that cost of sales over the last three years.What does the change in inventory turnover say (average inventory each year as a percentage of cost of sales)?
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Managerial Accounting
Authors: Ray Garrison, Eric Noreen, Peter Brewer
15th edition
1259404781, 007802563X, 978-1259404788, 9780078025631, 978-0077522940
