The following information was available for Whispering Winds Corp.
at December 31, 2017: beginning inventory $72000; ending inventory $128000; cost of goods sold $640000; and sales $872000. Whispering inventory turnover ratio (rounded) in 2017 was
a. 8.9 times.
b. 6.4 times.
c. 5.0 times.
d. 8.7 times.
Questions & Answers
Have a Question?
Be the first to ask a question about this.