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Author Question: Wayne's Wax World has an inventory turnover of 16 times per year and a cost of goods sold of $1,600. ... (Read 173 times)

evelyn o bentley

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Question 1

The time the vendor gives us to pay is
◦ cash conversion cycle.
◦ receivables turnover.
◦ accounts payable period.
◦ operating period.

Question 2

Wayne's Wax World has an inventory turnover of 16 times per year and a cost of goods sold of $1,600. Calculate the average inventory turnover.
◦ 22.81
◦ 1,000
◦ 4.38
◦ 13.92
◦ 14.25


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Marked as best answer by evelyn o bentley on Apr 25, 2021

Pswine

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evelyn o bentley

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review


smrtceo

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

 

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