Solution-Find what is susan stationery inventory turnover

Find what is susan stationery inventory turnover ratio

Reference no: EM132687120

Susan's Stationery sold goods that cost $42,000, and had expenses that totaled $5,600. The average stock of goods in a year ending December 31 was $7,500.

Problem 1: What is Susan's Stationery inventory turnover ratio in a year ending December 31?

Option 1: -7.50

Option 2: -6.25

Option 3: -5.60

Option 4: -4.67

Reference no: EM132687120

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Find what is susan stationery inventory turnover ratio

Reference no: EM132687120

Reference no: EM132687120

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