Ask Question
15 October, 23:47

A company had a beginning inventory balance of $32,000, an ending inventory of $39,100, a cost of goods sold of $200,400, and a net sales revenue of $256,500. The rate of inventory turnover is

+5
Answers (1)
  1. 16 October, 00:10
    0
    Inventory turnover was 6. They turned there inventory 6 times.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “A company had a beginning inventory balance of $32,000, an ending inventory of $39,100, a cost of goods sold of $200,400, and a net sales ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers