BUSN 5200: Webster Company reported sales for 2021 of $800,000. Webster Company listed $50,000 of inventory on its balance sheet. Using a 365-day year, how many days did Webster Company’s inventory stay on the premises? How many times per year did Webster Company inventory turnover?
Posted: December 19th, 2022
Webster Company reported sales for 2021 of $800,000. Webster Company listed $50,000 of inventory on its balance sheet. Using a 365-day year, how many days did Webster Company’s inventory stay on the premises? How many times per year did Webster Company inventory turnover?
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