Answer:
a. The inventory turnover is 8.00 times
b. The days’ sales in inventory is 68 days
Explanation:
a. In order to calculate the inventory turnover we would have to use the following formula:
inventory turnover=cost of goods sold/average inventory
inventory turnover=$ 48,800/($3,100+$ 9,100)/2
inventory turnover=8.00 times
b. In order to calculate thedays’ sales in inventory we would have to use the following formula:
days’ sales in inventory=(Ending invenory/cost of goods sold)*365
days’ sales in inventory=($9,100/$48,800)*365
days’ sales in inventory=68 days
In his career explorations class, Navid took a personality inventory and he discovered that he is an outgoing person and truly enjoys being around many people.
God bless!
Answer:
true
Explanation:
beacuse the faces of industrtions
The answer would be true. The reason for that is because excel automatically saves what you added on the sheet.
