Answer:
a
Explanation:
group confirmity because you'll work in together
Answer: Superior customer service
Explanation:
Just took the quiz
Answer:
The answer is: Maestro's inventory turnover was 5.75 times
Explanation:
In order to find the inventory turnover we use the following formulas:
- Inventory turnover = COGS / Average inventory
- Average inventory = (beginning inventory + ending inventory) / 2
First we find the average inventory:
- Average inventory = ($35,000 + $45,000) / 2 = $40,000
Now we can calculate the inventory turnover:
- Inventory turnover = $230,000 / $40,000 = 5.75 times
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