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TRIPE Activity - Inventory turnover a) Belandic Enterprises Pty Ltd provides you with the following inventory and cost data for the three financial years ending

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TRIPE Activity - Inventory turnover a) Belandic Enterprises Pty Ltd provides you with the following inventory and cost data for the three financial years ending 30 June 2019. Calculate the inventory turnover (ITP) for each year, Atom Inventory 2017 600 2018 500 2019 450 Average Inventory 400 Cost of Sales 1,600 1,850 1,200 Inventory Turnover in days b) Over the three years what do the Inventory Turnover Period figures indicate for Bolando

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