Net revenue $32.5 Cost of goods sold $14.2 Raw material inventory $.74, Work-in-process inventory$.11, and finished...
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Net revenue $32.5 Cost of goods sold $14.2 Raw material inventory $.74, Work-in-process inventory$.11, and finished goods inventory $.84. What is the inventory turnover rate? Net revenue $32.5 Cost of goods sold $14.2 Raw material inventory $.74, Work-in-process inventory$.11, and finished goods inventory $.84. What is the inventory turnover rate?
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The inventory turnover rate is calculated by dividing the cost of go... View the full answer
Related Book For
Management Accounting
ISBN: 9781760421144
7th Edition
Authors: Kim Langfield Smith, Helen Thorne, David Alan Smith, Ronald W. Hilton
Posted Date:
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