Inventory Management Walkins Manufacturing Has Annual Sales Of
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Inventory management Walkins Manufacturing has annual sales of $4 million and a gross profit margin of 40%. It’s end of the quarter inventories are Quarter Inventory 1 $400,000 2 800,000 3 1,200,000 4 200,000 a. Find the average quarterly inventory and use it to calculate the firm’s inventory turnover and the average age of inventory. b. assuming that the company is an industry with an average inventory turnover of 2.0, how would you evaluate the activity of Wilkins’ inventory? If you need the solution for this or any other school / college / university assignment then just email me at [email protected]. I will respond ASAP. Thank You
Inventory Management Walkins Manufacturing Has Annual Sales Of
Inventory Management Walkins Manufacturing Has Annual Sales Of
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Inventory management Walkins Manufacturing has annual sales of
$4 million and a gross profit margin of 40%. Its end of the quarter
inventories areQuarter Inventory
1 $400,0002 800,0003 1,200,0004 200,000
a. Find the average quarterly inventory and use it to calculate
the firms inventory turnover and the average age of inventory.
b. assuming that the company is an industry with an average
inventory turnover of 2.0, how would you evaluate the activity of
Wilkins inventory?
If you need the solution for this or any other school / college
/ university assignment then just email me at [email protected]. I
will respond ASAP. Thank You
