Question

Perez Corporation has the following financial data for the years 2010 and 2011:


a. Compute inventory turnover based on ratio number 6, Sales/Inventory, for each year.
b. Compute inventory turnover based on an alternative calculation that is used by many financial analysts, Cost of goods sold/Inventory, for each year.c. What conclusions can you draw from part a and partb?


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  • CreatedOctober 14, 2014
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