The following data are available for Martin Solutions, Inc. (1)Determine for each year:
(a)The inventory turnover
(b)The number of days' sales in inventory (Round intermediate calculation to the nearest whole number and your final answer to one decimal place).(2)What conclusions can be drawn from these data concerning the inventories?

Question

The following data are available for Martin Solutions, Inc.  (1)Determine for each year:
(a)The inventory turnover
(b)The number of days' sales in inventory (Round intermediate calculation to the nearest whole number and your final answer to one decimal place).(2)What conclusions can be drawn from these data concerning the inventories?

Quizplus · Accepted Answer

The Answer of The following data are available for Martin Solutions, Inc.  (1)Determine for each year:
(a)The inventory turnover
(b)The number of days' sales in inventory (Round intermediate calculation to the nearest whole number and your final answer to one decimal place).(2)What conclusions can be drawn from these data concerning the inventories?

The Following Data Are Available for Martin Solutions, Inc