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Q1) Widget Inc wishes to compare its inventory turnover with industry leaders, who have turnover of 13 times per year and 8% of their assets are invested in inventory.

a. Determine Widget Inc inventory turnover?
b. Compute  Widget Inc percent of assets committed to inventory?
c. Describe how does Widget Inc's performance compare to industry leaders?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M929912

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