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The following is information for Palmer Co. 2017 2016 2015 Cost of goods sold $ 563,825 $ 346,650 $ 311,300 Ending inventory 104,400 94,750 99,500
The following is information for Palmer Co.
| 2017 | 2016 | 2015 | ||||
| Cost of goods sold | $ | 563,825 | $ | 346,650 | $ | 311,300 |
| Ending inventory | 104,400 | 94,750 | 99,500 | |||
Use the above information to compute inventory turnover for 2017 and 2016, and its days' sales in inventory at December 31, 2017 and 2016.
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The Environmental Audit And Business Strategy Financial Times
Authors: Grant Ledgerwood
1st Edition
0273038508, 978-0273038504
