Roselli's Machine Manufacturing Co reported its sales as R120 000, a gross profit of R50 000 and
Fantastic news! We've Found the answer you've been seeking!
Question:
Roselli's Machine Manufacturing Co reported its sales as R120 000, a gross profit of R50 000 and current liabilities of R25 000 . If the current ratio is 2,5 and the quick ratio is 1,75 , what is the inventory turnover for the company?
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date: