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The Following Data Were Taken from the Annual Reports of Jong

Question 11

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The following data were taken from the annual reports of Jong Inc. ,a manufacturer of fireworks,and Hobson Inc. ,a manufacturer of computers.
The following data were taken from the annual reports of Jong Inc. ,a manufacturer of fireworks,and Hobson Inc. ,a manufacturer of computers. (a)Determine the (1)inventory turnover and (2)number of day's sales in inventory for Jong and Hobson.Round your answer to two decimal places. (b)How would you expect these measures to compare between the companies? Why?
(a)Determine the (1)inventory turnover and (2)number of day's sales in inventory for Jong and Hobson.Round your answer to two decimal places.

(b)How would you expect these measures to compare between the companies? Why?

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