5/29/2023 0 Comments Inventory turnover formula84 billion, for total average inventory investment of 1.69 billion. Total inventory is the sum of raw material at. When analyzing financial ratios of several different but similar companies, a company can better understand whether it is an industry-leader or whether it is falling behind. APPROACH Use the inventory turnover computation in Equation (11-2) to measure inventory performance. The cost of goods sold is the cost associated with. ![]()
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