Question
The Green Corporation has ending inventory of $483,600, and cost of goods sold for the year just ended was $4,342,728. What is the inventory turnover?
| The Green Corporation has ending inventory of $483,600, and cost of goods sold for the year just ended was $4,342,728. |
| What is the inventory turnover? What is the days' sales in inventory? How long on average did a unit of inventory sit on the shelf before it was sold? |
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Fundamentals Of Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Bradford Jordan
13th Edition
1265553602, 978-1265553609
