Question: Using Excel to Evaluate Inventory Management PROBLEM The following data are from the income statements of Kroshka Company. Required: Provide input into cells shaded in
Using Excel to Evaluate Inventory Management PROBLEM The following data are from the income statements of Kroshka Company. Required: Provide input into cells shaded in yellow in this template. Input the required mathematical formulas or functions with cell references to the Problem area or work area as indicated. a Calculate for each year the inventory turnover and the days sales in inventory. Use the AVERAGE function in the calculation. b What conclusions concerning the management of the inventory can be drawn? Kroshka's inventory management is as days sales in inventory has
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