Question

Motion Auto has the following information for the years ending December 31, 2014 and 2013:
Requirements
1. Compute the rate of inventory turnover for Motion Auto for the years ended December 31, 2014 and 2013. Round the result to two decimal places.
2. What is a likely cause for the change in the rate of inventory turnover from 2013 to 2014? 


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  • CreatedJuly 08, 2015
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