Question

White Water Kayak, Inc., has the following information as of December 31, 2012:


Requirements
1. Compute the rate of inventory turnover for White Water Kayak, Inc., for the year ended December 31, 2012. Round the result to two decimal places.
2. The rate of inventory turnover for White Water Kayak, Inc., was 16.93 in 2011. Has the rate improved ordeteriorated?


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  • CreatedApril 29, 2014
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