Question
Given the following information, calculate the inventory turnover for ABC Co. for 2006 (pick closest number). (IN THOUSANDS OF $) 2016 2015 Sales $19,535 $15,470
Given the following information, calculate the inventory turnover for ABC Co. for 2006 (pick closest number).
(IN THOUSANDS OF $) 2016 2015
Sales $19,535 $15,470
Cost of goods sold $15,101 $11,184
Inventory $ 2,809 $ 2,260
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Accounting and Financial Analysis in the Hospitality Industry
Authors: Johnathan Hales
1st edition
132458667, 978-0132458665
