Lance Glasses is an eyewear manufacturer that featured on Kickstarter. The company reported $180,000,000 in revenues for

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Lance Glasses is an eyewear manufacturer that featured on Kickstarter. The company reported $180,000,000 in revenues for 2021 and $45,000,000 in Cost of Goods Sold (COGS). In the same year, the company held an average of $12,000,000 in inventory.

What is the average inventory turns for Lance Glasses in 2021?

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Managerial Accounting An Introduction to Concepts Methods and Uses

ISBN: 978-0324639766

10th Edition

Authors: Michael W. Maher, Clyde P. Stickney, Roman L. Weil

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Posted Date: Mar 23, 2024 05:11 AM

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Lance Glasses is an eyewear manufacturer that featured on Kickstarter. The company reported $180,000,000 in revenues for

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To calculate the average inventory turnover for Lance Glasses in 2021 we can use ... View the full answer

Managerial Accounting An Introduction to Concepts Methods and Uses

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