Wayne’s Wax World has an inventory turnover of 16 times per year and a
Wayne’s Wax World has an inventory turnover of 16 times per year and a cost of goods sold of $1,600. Calculate the average inventory turnover.
A) 22.81
B) 1,000
C) 4.38
D) 13.92
E) 14.25
ANSWER
A
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.