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Henly Custom Automotive Interiors has collected the following information from the past two years. You are a new hire as a Procurement Specialist and have

Henly Custom Automotive Interiors has collected the following information from the past two years. You are a new hire as a Procurement Specialist and have been asked to look at and comment on their inventory performance. Rounded to 1 Decimal place, what is the 2020 Inventory Turnover? image text in transcribed
Piace, what is the 2020 Inventory Turnover? 2019 Cost of goods sold 5,970,000 Raw Materials 215,500 WIP 560,000 Finished Goods 350.800 Operating Supplies 99.500 2020 6,827,900 230,400 580,000 362,000 118,200

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