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Based on the Following Information,compute (A)Inventory Turnover; (B)Average Daily Cost

Question 121

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Based on the following information,compute (a)Inventory turnover; (b)Average daily cost of merchandise sold using a 365 day year;and (c)Number of days' sales in inventory.
Based on the following information,compute (a)Inventory turnover; (b)Average daily cost of merchandise sold using a 365 day year;and (c)Number of days' sales in inventory.

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(a)$ 195,640 ¸ (($20...

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