Question

Anderson Electronics, Inc., has the following information for the years ending January 31, 2012 and 2011:


Requirements
1. Compute the rate of inventory turnover for Anderson Electronics, Inc., for the years ended January 31, 2012 and 2011. Round the result to two decimal places.
2. Compute the days-sales-in-inventory for Anderson Electronics, Inc., for the years ended January 31, 2012 and 2011.
3. What is a likely cause for the change in the rate of inventory turnover from 2011 to2012?


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  • CreatedApril 29, 2014
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