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Using the data for 2013 and 2012 calculate the inventory

Question 1: Using the data for 2013 and 2012, calculate the inventory turnover for each year. The beginning inventory for year 2012 was $78,000.

Question 2: Compute the accounts receivable turnover on December 31, 2013, for Orlando, Inc. Assume that all sales were credit sales.

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Accounting Basics: Using the data for 2013 and 2012 calculate the inventory

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Accounting Basics: Using the data for 2013 and 2012 calculate the inventory

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