SOLUTION: A Corporation has ending inventory of Br. 423,500, and cost of goods sold for the year just ended was Br. 2,365,450. What is the inventory turnover? How long on average did a unit

Question 1140487: A Corporation has ending inventory of Br. 423,500, and cost of goods sold for the year just ended was Br. 2,365,450. What is the inventory turnover? How long on average did a unit of inventory sit on the shelf before it was sold?
Answer by ikleyn(52787) (Show Source): You can put this solution on YOUR website!
.
Hey,

it seems to me that you missed something.

This site/forum is to help students in school Math.

We are not an Accounting Department . . .

Find another, more suitable site/forum for your questions/problems.

RELATED QUESTIONS
A company had additions to retained earnings for the year just ended of Br. 275,000. The... (answered by ikleyn)

A company has a current accounts receivable balance of Br. 392,164. Credit sales for the... (answered by ikleyn)

A company has net working capital of Br. 1,050, current liabilities of Br. 4,300, and... (answered by ikleyn)

Lan Enterprises uses a periodic inventory system for buckets it sells. It had a beginning (answered by solver91311)

Assume The Following Data Of Jimma Abba Jifar Waddesa Wooden Product Furniture Factory... (answered by ikleyn)

A company has sales of Br. 32 million, total assets of Br. 43 million, and total debt of... (answered by ikleyn)

You are the store manager at a local Best Buy. As manager, you are verifying the store�s (answered by lynnlo)

I am running out of time to finish my summer work, and yet I still do not know how to... (answered by jake_6233)