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the following information is available for the Mccartney corporatin: sales SAR 750,000 cost of goods sold 450,000 gross profit 300,000 operating income. 85,000 net income.
the following information is available for the Mccartney corporatin:
sales SAR 750,000
cost of goods sold 450,000
gross profit 300,000
operating income. 85,000
net income. 42,000
inventory, beginning-year. 71,200
inventory, end-of-year 48,800
calculate the company's inventory turnover and its days' sales in inventory.
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