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Kenny Rogers Roasters recently reported $85,632 in Cash, $878,000 in Accounts Receivable, $1,716,000 in Inventory, $6,034,000 in Sales, $817,040 in net fixed assets, $3,496,672 in
Kenny Rogers Roasters recently reported $85,632 in Cash, $878,000 in Accounts Receivable, $1,716,000 in Inventory, $6,034,000 in Sales, $817,040 in net fixed assets, $3,496,672 in Total Assets, and $1,144,800 in Current Liabilities. What is the Inventory turnover for Kenny Rogers Roasters? (round to two decimals)
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Fundamentals of Financial Management
Authors: Eugene F. Brigham, Joel F. Houston
15th edition
1337671002, 978-1337395250
