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Super Hot Pan de Sal and Flaming Hot Pan de Sal compete with each other in the hot pan de sal market. Super's strategy is
Super Hot Pan de Sal and Flaming Hot Pan de Sal compete with each other in the hot pan de sal market. Super's strategy is to bake pan de sal to customer orders rather than for inventory. Flaming, on the other hand, bake hot pan de sal even if there is no order, then sells from inventory so that customers do not have to wait. Selected financial information from a recent year's financial statements lg given below: Super Flaming Sales P729.720 P 1.246,760 Cost of Goods Sold 565,480 959,200 Inventory, beginning 9320 62,800 Inventory, ending 10.920 80.200 Which company has the higher inventory turn-over and by how many times? (Round your answer to one digit after the decimal place.)
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