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Pacific Corporation reported these figures: ( Click the icon to view the balance sheet ) ( Click the icon to view the income statement )
Pacific Corporation reported these figures:
Click the icon to view the balance sheet
Click the icon to view the income statement
Pacific Corporation has shares of common stock outstanding. Its stock has traded recently at $ per share. You would like to gain a better understanding of Pacific Corporation's financial position. Assume all sales are on credit.
Read the requirement.
Enter the formula on the first line, then calculate the inventory turnover on the next line. Enter amounts in thousands as provided to you in the problem statement. Round your answer to one decimal place.
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