Annual cost of goods sold divided by average inventory

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Inventory turns are calculated by annual Cost of Goods Sold divided by Average Inventory. An online bookseller currently has an average of $10,000,000 in inventor and a turn of 4. It belives if it can do print on demand; it can reduce its inventory to $2,500,000 for the same sales volume. What is its new inventory turn?

Reference no: EM13840611

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Annual cost of goods sold divided by average inventory : Inventory turns are calculated by annual Cost of Goods Sold divided by Average Inventory. An online bookseller currently has an average of $10,000,000 in inventor and a turn of 4. It belives if it can do print on demand; it can reduce its inventory t..

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