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Home Q & A Board Other Fields Homework Help Business Accounting
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Kwami Kwami
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7 years ago
The following information is provided for Goose, Inc.:
   Cash   $ 200   Interest expense   $ 4,500
   Cost of sales   260,100   Inventory   42,100
   Current liabilities   62,900   Other current assets   12,600
   Income taxes   8,500   Receivables   39,200
   Income from   Sales   348,700
   operations   34,500   Trading securities   2,100
What is the inventory turnover?
A) 2.11 times
B) 8.29 times
C)   .16 times
D) 6.18 times
Textbook 
Survey of Accounting: Making Sense of Business

Survey of Accounting: Making Sense of Business


Edition: 1st
Author:
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mourningbirdmourningbird
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7 years ago
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Kwami Author
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#2
7 years ago
This will help my study group for sure, thanks
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#3
7 years ago
Happy to help, please mark as solved
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