Question: ( c ) Current Attempt in Progress You want to own and operate a retail business and before you dive into your own retail store
cCurrent Attempt in Progress
You want to own and operate a retail business and before you dive into your own retail store you decide to examine the inventory and
sales of two publicly traded retailers. You were able to obtain the following summarized information for Carla Vista Goods Inc. and
Tamarisk Refunded Ltd:
Calculate the inventory turnover ratio and days to sell inventory ratio for the two companies for two years. Round inventory
turnover ratio to decimal place, eg and days in inventory to decimal places, eg Use days for calculation.
Which of the two companies is moving inventory faster?
is moving inventory faster.
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