Business, 02.11.2019 04:31, baby0905rodriguez
Consider a firm with an annual net income of $20 million, revenue of $60 million and cost of goods sold of $25 million. if the balance sheet amounts show $2 million of inventory and $500,000 of property, plant & equipment.
a) what is the inventory turnover?
b) how many weeks of supply does the firm hold?
Answers: 1
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Consider a firm with an annual net income of $20 million, revenue of $60 million and cost of goods s...
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