Corporate Finance Assignment/ Professional Essay Writers
May 8th, 2020
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Information (2013 values)
- Sales totaled $110,000
- The gross profit margin was 15 percent
- Inventory turnover was 3.0
- There are 360 days in the year.
- The average collection period was 65 days.
- The current ratio was 2.40.
- The total asset turnover was 2.40.
- The debt ratio was 53.8 percent.
Question: Inventory for CEE in 2013 was ________. (See Table 3.1). Get Finance Help Today