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Briefly discuss how analysis of latours inventory turns over

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1. LaTour Inc. is based in France and prepares its financial statements in accordance with iGAAP. In 2010, it reported cost of goods sold of €578 million and average inventory of €154 million. Briefly discuss how analysis of LaTour's inventory turns over ratio (and comparisons to a company using U.S. GAAP) might be affected by differences in inventory accounting between iGAAP and U.S. GAAP.  

Reference no: EM131117270

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Briefly discuss how analysis of latours inventory turns over : LaTour Inc. is based in France and prepares its financial statements in accordance with iGAAP. In 2010, it reported cost of goods sold of €578 million and average inventory of €154 million.
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