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The following information is available for Robbie Sports at December 31, 2018: beginning inventory $160,000; ending inventory $240,000: cost of goods sold $1,050,000: and
The following information is available for Robbie Sports at December 31, 2018: beginning inventory $160,000; ending inventory $240,000: cost of goods sold $1,050,000: and sales $1,800,000. Everett's inventory turnover in 2016 is OA 4.38 times O85.25 times OC.9 times OD.6.56 times
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