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Nestl reports beginning raw materials inventory of 3,815 and ending raw materials inventory of 3,499 (both numbers in millions of Swiss francs). Assume Nestl purchased
Nestl reports beginning raw materials inventory of 3,815 and ending raw materials inventory of 3,499 (both numbers in millions of Swiss francs). Assume Nestl purchased 13,860 and used 14,176 (both amounts in millions of Swiss francs) in raw materials during the year. Compute raw materials inventory turnover and the number of days' sales in raw materials inventory. Complete this question by entering your answers in the tabs below. Raw Materials Days Sales In Inventory Raw Materials turnover Inventory Compute raw materials inventory turnover. (Enter your answers in millions of Swiss francs.) Raw Materials Inventory turnover Choose Numerator: Choose Denominator: Raw Materials Inventory turnover ! Raw materials inventory tumover / 1 Raw Materials Inventory tumover Days Sales In Raw Materials Inventory > Raw Materials Days Sales in Inventory Raw Materials turnover Inventory Compute the number of days' sales in raw materials inventory. (Use 365 days per year. Enter your answers in millions of Swiss francs.) Days' Sales in Raw Materials inventory. 1 Choose Denominator: x Days Choose Numerator: Days' Sales In Raw Materials Inventory Days sales in raw materials inventory /
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