Mathematics, 21.12.2019 05:31 kaffolter25
The following information is available for blue spruce corp. for three recent fiscal years.
2017
2016
2015
inventory $545,441 $570,212 $333,435
net sales 1,953,922 1,736,880 1,290,976
cost of goods sold 1,564,507 1,305,533 944,111
calculate the inventory turnover, days in inventory, and gross profit rate for 2017 and 2016.
Answers: 2
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The following information is available for blue spruce corp. for three recent fiscal years.
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