Evaluate the inventory turnover-the weeks of supply

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Reference no: EM132247168

The financial analysis of a manufacturing company for the previous year provided, among others, the following details:

Net revenue: €50,000

Cost of goods sold: €26,000

Value on hand:

? Raw material: €1500

? Work-in-process: €1200

? Finished goods: €2500

Evaluate:

a) the inventory turnover,

b) the weeks of supply.

Reference no: EM132247168

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