Best writers. Best papers. Let professionals take care of your academic papers

Order a similar paper and get 15% discount on your first order with us
Use the following coupon "FIRST15"
ORDER NOW

Selected information for 2018 is: cost of goods sold, $6,000,000

Selected information for 2018 is: cost of goods sold, $6,000,000;

average inventory, $2,000,000; net sales, $8,000,000; average receivables, $980,000; and net income, $700,000. Assuming a 360-day year, what was the inventory turnover ratio for 2018?

 
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"