You are given the following financial data for company a


You are given the following financial data for company A: Cash =$5,000; inventories = $1,000; account receivable = $700; othercurrent assets = $500; long term assets = $1,000; accounts payable= $800; other current liabilities = $4,000; long term liabilities =$1,000; net income = $1,200; total revenue = $8,000; EBIT = $3,000;interest income = $400; and interest expense = $600. What is theinventory turnover ratio

Request for Solution File

Ask an Expert for Answer!!
Financial Management: You are given the following financial data for company a
Reference No:- TGS02138815

Expected delivery within 24 Hours