Question: Given the following company data: Raw Materials = $17,500,000 Work-in-Process = $9.300,000 Finished Goods = $6,400,000 Cost of Goods Sold = $470,000,000 Open 365 days

Given the following company data: Raw Materials = $17,500,000 Work-in-Process =

Given the following company data: Raw Materials = $17,500,000 Work-in-Process = $9.300,000 Finished Goods = $6,400,000 Cost of Goods Sold = $470,000,000 Open 365 days a year What are the number of yearly inventory turns? approximately 25.8 turns per year approximately 5167 turns per year approximately 14.2 turns per year approximately 365 turns per year

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