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please very fast ans please Consider a firm with net income of $160 million, revenue of $420 million, and cost of goods sold of $175
please very fast ans please
Consider a firm with net income of $160 million, revenue of $420 million, and cost of goods sold of $175 million.
a) If the balance sheet shows $16 million of inventory,what is the firm's inventory turnover?
b) Assuming that they operate 52 weeks a year, what is the firm's weeks of supply?
c) Within the firm's industry, theaverage turnover is 12 turns per year. Is the firm's performance better or worse than the industry average?
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