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Home Q & A Board Other Fields Homework Help Business Management
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retownes retownes
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7 years ago
Consider a firm with an annual net income of $20 million, revenue of $60 million and cost of goods sold of $25 million. If the balance sheet amounts show $2 million of inventory and $500,000 of property, plant & equipment, what is the inventory turnover?
A) 20.00
B) 42.00
C) 10.00
D) 12.50
E) 4.16
Textbook 
Operations Management

Operations Management


Edition: 10th
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kadajikadaji
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7 years ago
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retownes Author
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7 years ago
Smart ... Thanks!
mikey3091
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Yesterday
Helped a lot
jbag1237
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2 hours ago
Thanks for your help!!
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