Question
Tinker's cost of goods sold in the year of sale (2019) was $780,000 and 2018 cost of goods sold was $800,000. The inventory at the
Tinker's cost of goods sold in the year of sale (2019) was $780,000 and 2018 cost of goods sold was $800,000. The inventory at the end of 2019 was $191,000 and at the end of 2018 the inventory was $211,000. Tinkers inventory turnover during 2019 was closest to:
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Finance Applications And Theory
Authors: Marcia Cornett, Troy Adair, John Nofsinger
6th Edition
1264101589, 9781264101580
