The writer is very fast, professional and responded to the review request fast also. Thank you.
there are ways to measure the efficiency and effectiveness of inventory. These analyses are called, “Inventory Turnover.” Inventory turnover is calculated by COGS/Average Inventory. Meaning if you have a beginning and ending inventory you must add both of these and divide them by 2. Also to understand this better, we can calculate the number of days in inventory sales by: COGS/365 days which will give you average daily COGS…then take this amount and put into this formula: Ending Inventory/average daily COGS…
Let do an exercise:
Refer to the following data:
Company A Company B
COGS 460,000 275,000
Inventories:
Beginning Inventory 28,000 15,500
Ending Inventory 39,500 20,000
Class…for both companies…what is your average inventory? What is your inventory turnover? What is your number of days in inventory? What does this indicate?
Show more
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more