Solution-What was the inventory turnover for saw ltd

What was the inventory turnover for saw ltd

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Reference no: EM132967584

Problem 1: Saw Ltd's average inventory for the financial year was $20,000. Sales for the year were $125,000 and the gross margin was 20 per cent. What was the inventory turnover?

a. 1.25 times p.a.
b. 5 times p.a.
c. 5.25 times p.a.
d. None of the above

Reference no: EM132967584

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What was the inventory turnover for saw ltd

Reference no: EM132967584

Reference no: EM132967584

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