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ahmed aldhurafi's image
Question added by ahmed aldhurafi مراجع داخلي ومراقب مالي شركة تأمين
9 years ago

Sales=1,000,000, Gross Profit=200,000 & Inventory= 400000‎

Then Inventory turnover is: *2.5 *2 *1/2 *1‎

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Nader Kaderi's image
Question added by Nader Kaderi IT Support Specialist RHU
9 years ago
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Godfrey Chikowore's image
Question added by Godfrey Chikowore Senior Research Fellow / Senior Lecturer Midlands State University
3 years ago
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mukkur srinivasan varadhan's image  
Answer added by  mukkur srinivasan varadhan, Chartered Accountant, Chartered Accountant in practice
9 years ago

I can say any Oracle-based software.  I am not much conversant with analytic softwares.

Godfrey Chikowore's image  
Answer added by  Godfrey Chikowore, Senior Research Fellow / Senior Lecturer, Midlands State University
3 years ago

In any business undertaking anyone coming forward should be regarded (even if they were 1000 each one equally so matters) the only unique opportunity and a blessing not t ... See More

Alsayed Mamdouh's image  
Answer added by  Alsayed Mamdouh, Senior Accountant, Hujra Group For Hotels And Resorts Maintenance & Operations
7 years ago

 asume  begening  inventory  zero  CGS/ average inventory  ((beg inventory +ending inventory)/2) 800000 / 200000 =  4 or else  beg inv  was  400000  CGS /average inv  =  ... See More

Hamza Mohamed Shokry Hamza Elkalaf's image  
Answer added by  Hamza Mohamed Shokry Hamza Elkalaf, Internal Audit manager, Dlala Brokerage and investment company
8 years ago

inventory turnover equals the cost of goods sold or net sales divided by the average inventory and the answer is2