How long on average did a unit of inventory sit on the


Calculating Inventory Turnover

The Green Corporation has ending inventory of $417,381, and cost of goods sold for the year just ended was $4,682,715. What is the inventory turnover? The days' sales in inventory? How long on average did a unit of inventory sit on the shelf before it was sold?

Solution Preview :

Prepared by a verified Expert
Business Management: How long on average did a unit of inventory sit on the
Reference No:- TGS02327739

Now Priced at $10 (50% Discount)

Recommended (97%)

Rated (4.9/5)