Question
Your corporation Income Statement for 2017 has cost of goods sold of $5,225. The Balance Sheet for 2017 has inventory of $1,885. What is the
Your corporation Income Statement for 2017 has cost of goods sold of $5,225. The Balance Sheet for 2017 has inventory of $1,885. What is the inventory turnover for 2017?Please show your ratio and calculations in the space provided.
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Corporate Finance
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Gordon Roberts, Hamdi Driss
8th Canadian Edition
01259270114, 9781259270116
