A company that produces printer cartridges had cost of goods sold last year of $629,462,423.The average value of inventory for raw materials,work-in-process,and finished goods are shown in the table below:
If the company operates 50 weeks per year then the number of inventory turns would be
A) 3.720
B) 2.493
C) 13.4546
D) 28.33
Correct Answer:
Verified
Q3: Because value chain and supply chain have
Q10: Supply chain uncertainty and variability may result
Q21: A company that produces printer cartridges had
Q22: The suppliers in a supply chain are
Q23: A computer-to-computer exchange of business documents in
Q25: A company that produces specialized video equipment
Q26: A company that produces small electric motors
Q29: E-business replaces physical exchange processes with electronic
Q41: Information sharing among supply chain members will
Q42: Inventory turnover is computed by
A)dividing the cost
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents