Tech company is medium-sized Consumer electronics retailer.The company reported $155,000,000 in revenues for 2007 and $110,050,000 in Costs of Goods Sold (COGS).In the same year,Tech Co.held an average of 20,000,000 in inventory.How many times did Tech Co. turn its inventory in 2007

Tech company is medium-sized Consumer electronics retailer.The company reported $155,000,000 in revenues for 2007 and $110,050,000 in Costs of Goods Sold (COGS).In the same year,Tech Co.held an average of 20,000,000 in inventory.How many times did Tech Co. turn its inventory in 2007

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 33P: Assume the demand for a companys drug Wozac during the current year is 50,000, and assume demand...

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Tech Company is a medium-sized consumer electronics retailer. The company reported $155,000,000 in revenues for 2007 and $110,050,000 in Costs of Goods Sold (COGS). In the same year, Tech Co. held an average of $20,000,000 in inventory. How many times did Tech Co. turn its inventory in 2007?
Tech company is a medium-sized consumer electronics retailer.The company reported $155,000,000 in revenues for 2007 and $110,050,000 in Cost of Goods Sold (COGS). In the same year, Tech Co. held an average of $20,000,000 in inventory. How many times did Tech Co. turn its inventory in 2007?