Dyvers Town Co. has cost of goods sold of $954,034. Its inventory is $86,022, sales of...

 

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Dyvers Town Co. has cost of goods sold of $954,034. Its inventory is $86,022, sales of $2,140,284, and accounts receivable of $275,913. What is the inventory turnover? Dyvers Town Co. has cost of goods sold of $954,034. Its inventory is $86,022, sales of $2,140,284, and accounts receivable of $275,913. What is the inventory turnover?

Answer rating: 100% (QA)

Inventory turnover is a measure of how efficiently a company is using its inventory It is calcula... View the full answer