The financial analysis of a manufacturing company for the previous year yielded the following details: Component Net revenue Amount (in €) 30,000 18,000 Cost of goods sold Value on hand Raw material Work in process Finished goods 900 1,000 1,500 The inventory turnover of the company is turns. (Enter your response rounded to two decimal places.)

The financial analysis of a manufacturing company for the previous year yielded the following details: Component Net revenue Amount (in €) 30,000 18,000 Cost of goods sold Value on hand Raw material Work in process Finished goods 900 1,000 1,500 The inventory turnover of the company is turns. (Enter your response rounded to two decimal places.)

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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