Mattress wholesalers is trying to reduce inventory in its supply chain. Last year cost of goods sold was $7.46 million and inventory was $1.46 million. This year costs of goods sold is $8.63 million and inventory investment is $1.56 million.
A. What was its weeks of supply last year.
B. What is it's weeks of supply this year.
C. Is mattress wholesalers making progress in its inventory reduction effort. Has supply increased decreased or not changed. Is matrrss wholesaers making progress no progress or negative profess in its inventory reduction effort?