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Solve for the missing information designated by ? in the following table Case Beginning Inventory Purchases Cost of Goods Sold Ending Inventory Inventory Turnover Ratio
Solve for the missing information designated by ? in the following table
Case | Beginning Inventory | Purchases | Cost of Goods Sold | Ending Inventory | Inventory Turnover Ratio | Days to Sell |
a. | $100 | $700 | $600 | |||
b. | $200 | $1,200 | 6.0 | |||
c. | $1,000 | $150 | 36.5 |
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