Business, 11.04.2020 03:21 jakhunter354

Turnbull Department Store had net credit sales of $18,000,000 and cost of goods sold of $15,000,000 for the year. The average inventory for the year amounted to $2,500,000. Inventory turnover for the year is

a.365 days.
b.48.7 days
c.46 days
d.30 days

Answers: 2

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Turnbull Department Store had net credit sales of $18,000,000 and cost of goods sold of $15,000,000...