A manufacturer of large industrial electric motors has a cost of goods sold of $111,690,000 and an
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A manufacturer of large industrial electric motors has a cost of goods sold of $111,690,000 and an average inventory value of $14,609,300. What is its inventory turnover? What does it mean?
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Inventory turnover IT Cost of goods sold Average inventory value 132 11169000014609000 765 This mea...View the full answer
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Related Book For
Operations And Supply Chain Management
ISBN: 9780357131695
2nd Edition
Authors: David A. Collier, James R. Evans
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