Zebra inc cost of goods sold for the year is 2300000 and


Question - Zebra, Inc. cost of goods sold for the year is $2,300,000, and the average merchandise inventory for the year is $130,000. Calculate the inventory turnover ratio of the company.

5.65 times

17.69 times

8.85 times

9.43 times

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Zebra inc cost of goods sold for the year is 2300000 and
Reference No:- TGS02894864

Now Priced at $20 (50% Discount)

Recommended (92%)

Rated (4.4/5)