Caruso, inc. has an inventory turnover rate of 8 times. if its cost of goods sold is $150,000, then

Question

cstueb8689 cstueb8689

02-10-2017
Business

contestada

Caruso, inc. has an inventory turnover rate of 8 times. if its cost of goods sold is $150,000, then

Respuesta :

Otras preguntas

which trinomial is equivalent to (3x-1)(x+4)

having troubles with inequalities.. 3.8x + 14.5 < 32

what is the sum of 7/10 and 6/100

which trinomial is equivalent to (3x-1)(x+4)

what is the sum of 7/10 and 6/100

which trinomial is equivalent to (3x-1)(x+4)

ahmedishaal ahmedishaal · Answer 1 · 2017-10-14T02:51:14+02:00

ahmedishaal ahmedishaal

14-10-2017

Inventory turnover rate = 8 times
Cost of goods sold = $150,000
Then the average inventory of company is $18,750.
This is how we calculate this;
Cost of goods sold / inventory turnover rate =
$150,000 / 8 = $18,750.

Answer Link