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The following information was reported for Wildhorse Industries 2022 2023 2024 Ending Inventory 148000 184000 241000 Cost of Goods Sold 524325 551120 722500 Calculate the
The following information was reported for Wildhorse Industries
2022 2023 2024
Ending Inventory 148000 184000 241000
Cost of Goods Sold 524325 551120 722500
Calculate the inventory turnover and average days for both 2023 and 2024
2023 2024
Inventory turnover ? times ? times
Average days ? days ? days
Comment on the companys liquidity.
Wildhorse has gain or loss its liquidity?
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