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Hello! stuck on a practice question without answer key, correct answer gets a thumb up. thanks! LA SUD Endor Company begins the year with $110,000
Hello! stuck on a practice question without answer key, correct answer gets a thumb up. thanks! LA SUD Endor Company begins the year with $110,000 of goods in Inventory. At year-end, the amount in inventory has increased to $121,000. Cost of goods sold for the year is $1,500,000 Compute Endor's inventory turnover and days' sales in inventory. Assume that there are 365 days in the year. Choose Numerator: Inventory Turnover Choose Denominator: = Inventory Turnover = Inventory Turnover times Days' Sales in Inventory Choose Denominator: * Days - Days' Sales in Inventon 365 = Days' sales in inventory 365 days Choose Numerator: TY
Hello! stuck on a practice question without answer key, correct answer gets a thumb up. thanks!
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