Calculate the turnover for the men’s tie department for the Fall season if sales are planned...
Calculate the turnover for the men’s tie department for the Fall season if sales are planned at $215,800 and the average inventory is $189,180.
Homework Answers
| Inventory turnover = COGS/inventory |
| Inventory turnover = 215800/189180 |
| Inventory turnover = 1.14 |
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Calculate the turnover for the men’s tie department for the Fall
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