Question
Inventory Turnover Ratio: Calculate the inventory turnover ratio for DEF Company based on the given data: Item Amount ($) Cost of Goods Sold 200,000 Average
Inventory Turnover Ratio:
Calculate the inventory turnover ratio for DEF Company based on the given data:
Item | Amount ($) |
Cost of Goods Sold | 200,000 |
Average Inventory | 50,000 |
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Nicola M. Young, Irene M. Wiecek, Bruce J. McConomy
11th Canadian edition Volume 1
1119048532, 978-1119048534
