Dartmouth Games reported the following information for a three-year period: Instructions a. Calculate the inventory turnover, days
Question:
Dartmouth Games reported the following information for a three-year period:
Instructions
a. Calculate the inventory turnover, days sales in inventory, and gross profit margin for 2024 and 2023.
b. Based on this information, does the company’s liquidity appear to be improving or deteriorating?
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a b Inventory turnover has increased from 160 2023 to 200 2024 As well days sales in inventory has ...View the full answer
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