A mining company reported annual sales revenue of $75 billion, annual cost of goods sold of $50

Question:

A mining company reported annual sales revenue of $75 billion, annual cost of goods sold of $50 billion, and inventory of $15 billion. What are the firm’s annual inventory turns?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Operations Management

ISBN: 9781260547610

2nd International Edition

Authors: Gerard Cachon, Christian Terwiesch

Question Posted: