Question: eling book o... launchUrl=https%253A%252F%252Fims, HW Ch 3 & Ch 5 0 The Pirate Bay - T. Cengage Exporting a Podca... Capsim Manager Saved 3 The
eling book o... launchUrl=https%253A%252F%252Fims, HW Ch 3 & Ch 5 0 The Pirate Bay - T. Cengage Exporting a Podca... Capsim Manager Saved 3 The King Corporation has ending inventory of $482,700, and cost of goods sold for the year just ended was $3,934,005. 5.88 points eBook a. What is the inventory turnover? (Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) b. What is the days' sales in inventory? (Use 365 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) How long on average did a unit of inventory sit on the shelf before it was sold? (Use 365 days a year. Do not round intermediate calculations. Round your answer to 2 decimal places, e.g., 32.16.) C. References a. Inventory turnover b. Days' sales in inventory c. Days on shelf in invertory times days days
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
