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Author Question: Last year, RJT Enterprises had total inventories (raw materials, work-in-process, and finished ... (Read 58 times)

luminitza

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Last year, RJT Enterprises had total inventories (raw materials, work-in-process, and finished goods) of $7.5 million. During this same year the cost of goods sold was $30 million. The company operates 50 weeks per year.
a. What is their total inventory (measured as weeks of supply)?
b. What is their inventory turnover?


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Marked as best answer by luminitza on Apr 18, 2020

miss.ashley

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luminitza

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Reply 2 on: Apr 18, 2020
Excellent


elyse44

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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