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You are provided the following information: Company A Company B Cost of goods sold $1,870,000 $1,080,000 Inventory Raw Material $120,000 $96,000 Work-in-process $50,000 $12,000 Finished
You are provided the following information: Company A Company B Cost of goods sold $1,870,000 $1,080,000 Inventory Raw Material $120,000 $96,000 Work-in-process $50,000 $12,000 Finished goods $150,000 $20,000 Use the information provided in the above table and calculate the inventory turnovers of companies A and B separately. Is it reasonable to compare the inventory turnovers and reach a conclusion that one company's inventory performance is better than the other's'? Why or why not? /('I 1 \\
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