Pharoah Corp. has a gross profit margin of 37.00 percent, sales of $36,000,000, and inventory of $14,000,000.

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Pharoah Corp. has a gross profit margin of 37.00 percent, sales of $36,000,000, and inventory of $14,000,000. What is its inventory turnover ratio? (Round answer to 2 decimal places, e.g. 15.25.)

Posted Date: May 19, 2024 02:04 AM

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Pharoah Corp. has a gross profit margin of 37.00 percent, sales of $36,000,000, and inventory of $14,000,000.

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