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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. Big

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
$830,000
$11,540,000
Inventory, end of year
190,000
320,000
Inventory, beginning of year
240,000
290,000
What is the inventory turnover for Big Bang and Orange?
Big Bang Inc.: 3.86
Orange Inc.: 37.84
Big Bang Inc.: 3.86
Orange Inc.: 9.65
Big Bang Inc.: 94.55
Orange Inc.: 9.65
Big Bang Inc.: 94.55
Orange Inc.: 37.84

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