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The following data were taken from the annual reports of Big Bang Inc., a manufacturer of fireworks, and Orange Inc., a manufacturer of computers.
The following data were taken from the annual reports of Big Bang Inc., a manufacturer of fireworks, and Orange Inc., a manufacturer of computers. Big Bang Inc. Orange Inc. Cost of goods sold Inventory, end of year Inventory, beginning of year $830,000 190,000 240,000 What is the inventory turnover for Big Bang and Orange? Oa. Big Bang Inc.: 94.55 Orange Inc.: 37.84 b. Big Bang Inc.: 3.86 Orange Inc.: 37.84 c. Big Bang Inc.: 94.55 Orange Inc.: 9.65 d. Big Bang Inc.: 3.86 Orange Inc.: 9.65 $11,540,000 320,000 290,000
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