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netineya [11]
2 years ago
7

What is the equation of inventory turnover?

Business
1 answer:
Ilia_Sergeevich [38]2 years ago
3 0
The equation<span> for </span>inventory turn over <span>equals the cost of goods sold or net sales divided by the average </span>inventory<span>.</span>
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2.

Expected percentage increase in net operating income for next year = Expected percentage increase in sales next year x operating leverage = 23% x 8 = 184%

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