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Inventory Turnover The following financial data is from Hi-Tech Instruments' financial statements (thousands of dollars, except earnings per share) Sales revenue $210,000 Cost of goods

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Inventory Turnover The following financial data is from Hi-Tech Instruments' financial statements (thousands of dollars, except earnings per share) Sales revenue $210,000 Cost of goods sold 132.000 Net incoma 2,600 Earnings per share 415 of Dellars) Dec. 31, 2016 Dec. 31, 2015 18.300 $18.000 41,000 | 6 500 10.800 109 700 52,600 000 Tocal curnent Plant assecs (nec Other aepec otl Labilices and Scockholiders Equity Notes payable-banka ccounts paabe Accrued abilinies 13,800 5.000.000 8.700 Total rent lablses 45.700 5 6 7 8 9

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