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View Full Version : Calculating Inventory Turnover


Samirah
Mar 19, 2010, 11:19 AM
Corporation has ending inventory
Of $352,600, and cost of goods sold for the year just ended was
$1,586,700. What is the inventory turnover? The days’ sales in inventory?
How long on average did a unit of inventory sit on the shelf before it was sold?

morgaine300
Mar 21, 2010, 04:59 AM
Please see this post:
https://www.askmehelpdesk.com/finance/du-pont-identity-458880.html

rehmanvohra
Mar 21, 2010, 05:13 AM
Please visit Welcome to Investopedia.com (http://www.investopedia.com), you will find all answers