Calculate the percentage of assets committed to inventory
Assignment:
Net Revenue of $40,000, Cost of Sales $20,000.
It had Inventory Investment of $8000 and Total Assets of $95,000.
Find:
a) Inventory Turnover:
b) Percentage of assets committed to inventory:
c) Weeks of Inventory:
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a) Inventory Turnover: b) Percentage of assets committed to inventory: c) Weeks of Inventory.
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