Chapter 5
Mar 05, 2000 · If our cost of sales are $ 120,000 and our average inventory balance is $ 90,000, then our inventory turnover rate is:.50 .75 1.00 1.33 We can estimate our Operating Cycle by taking the sum of: Receivable Turnover + Inventory Turnover. Days in Receivables + Days in Inventory. Asset Turnover + Return on Sales. Days in Sales + Days in Assets ................
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