Question: York Technologies makes aircraft navigation systems. The plant manager expects you,as the new OM analyst, to provide some insight for performance of the plant. High
York Technologies makes aircraft navigation systems. The plant manager expects you,as the new OM analyst, to provide some insight for performance of the plant. High on thepriority list is an understanding of the inventory turnover based on the financial data inthe table below. You are to provide the following:a Based on total inventory, what is the inventory turnover for last year? marksb Based on total inventory, what is the inventory turnover for this year? marksc Has inventory turnover improved this year? marks
Last Year This YearSales $ $Cost of Goods Sold $ $Gross Margin $ $Other Expenses $ $Net Income $ $Finished Goods Inventory $ $Work In Process Inventory $ $Raw Material Inventory $ $Total Inventory Avg for year $ $Other Current Assets $ $Other Assets $ $Total Assets $ $
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