Companies A,B,C,and D Are Competitors in the Same Industry Which Company Has the Best Raw Materials Inventory Turnover?
A)

Multiple Choice

Companies A,B,C,and D are competitors in the same industry.Assume that all have adequate quantities of raw materials to meet production needs.
$\begin{array}{lccccc}&\text { Company} &\text { Company} &\text { Company} &\text { Company} &\text { Company} \\&\text { AA}&\text { BB}&\text { CC}&\text { DD}&\text { EE}\\\begin{array}{l}\text { Raw materials used in a } \\\text { year }\end{array} & \$ 10,000 & \$ 20,000 & \$ 30,000 & \$ 30,000&\$40,000 \\\begin{array}{l}\text { Beginning raw materials } \\\text { inventory }\end{array} & \$ 700 & \$ 600 & \$ 500 & \$ 40&\$8000 \\ \begin{array}{l}\text { Ending raw materials } \\\text { inventory }\end{array} & \$ 1,100 & \$ 1,000 & \$ 900 & \$ 800&\$1,000 \\\end{array}$
Which company has the best raw materials inventory turnover?

A) Company A
B) Company B
C) Company C
D) Company D
E) Company E