Inventory turnover ratio (ITR) - formula, example and explanation | Accounting For Management

Inventory turnover ratio (ITR) - formula, example and explanation | Accounting For Management

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日期:2025-07-14
Solution: $40,000 * / $8,000 ** 5 times Computation of cost of goods sold and average inventory: * $75,000 – $35,000 = $40,000 ** ($9,000 + $7,000) / 2 Average selling period is computed by dividing 365 by inventory turnover ratio: 365 days / 5 times 73 d...看更多