Question

Santa Fe Communications reported the following figures in its annual financial statements:
Cost of Goods Sold .............. $ 18,000
Beginning Merchandise Inventory .......... 500
Ending Merchandise Inventory ......... 425
Compute the rate of inventory turnover and days’ sales in inventory for Santa Fe Communications. (Round to two decimal places.)



$1.99
Sales1
Views102
Comments0
  • CreatedJanuary 16, 2015
  • Files Included
Post your question
5000