The following data were taken from the annual reports of Big Bang Inc., a manufacturer of fireworks, and Orange Inc., a manufacturer of computers.   Big Bang, Inc. Orange, Inc. Cost of goods sold $830,000 $11,540,000 Inventory, end of year 190,000 320,000 Inventory, beginning of year 240,000 290,000 What is the inventory turnover for Big Bang and Orange. a. Big Bang, Inc.: 3.86Orange, Inc.: 37.84 b. Big Bang, Inc.: 3.86Orange, Inc.: 9.65 c. Big Bang, Inc.: 94.55Orange, Inc.: 37.84 d. Big Bang, Inc.: 94.55Orange, Inc.: 9.65

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
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The following data were taken from the annual reports of Big Bang Inc., a manufacturer of fireworks, and Orange Inc., a manufacturer of computers.

  Big Bang, Inc. Orange, Inc.
Cost of goods sold $830,000 $11,540,000
Inventory, end of year 190,000 320,000
Inventory, beginning of year 240,000 290,000

What is the inventory turnover for Big Bang and Orange.

a. Big Bang, Inc.: 3.86
Orange, Inc.: 37.84
b. Big Bang, Inc.: 3.86
Orange, Inc.: 9.65
c. Big Bang, Inc.: 94.55
Orange, Inc.: 37.84
d. Big Bang, Inc.: 94.55
Orange, Inc.: 9.65
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