Naween A.
asked 05/23/19
What is Inventory for the year, if inventory Turn Over is 3 to 1. Sales 8,000?
Zeeshan A.
answered 05/25/19
Experienced Certified Public Accountant working as an Auditor Spe
Intentory Turnover = cost of sales / Inventory
3 = 8000/ Inventory
Inventory = 8000 / 3
= $2666
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