Suppose a company made 2000000 in revenue last year the


Suppose a company made $2,000,000 in revenue last year. The cost of goods sold was $85,000 last year, and the average inventory value for the year was $50,000.

(a) What was the inventory turnover of the company?

(b) What was the weeks-of-supply of the company?

Solution Preview :

Prepared by a verified Expert
Business Management: Suppose a company made 2000000 in revenue last year the
Reference No:- TGS02736890

Now Priced at $10 (50% Discount)

Recommended (98%)

Rated (4.3/5)