Calculation of inventory turnover ratios inventory turnover = cost of sales /average inventoryunder FIFO method...
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Accounting
Calculation of inventory turnover ratios inventory turnover = cost of sales /average inventoryunder FIFO method 2014 febrauary 1 inventory turnover ratio is = 78138/6801 = 11.489 2015 january 31 inventory turnover ratio is = 85512/6933 =12.334
This is my question (c) State which method you would choose to evaluate Krogers performance. Justify your choice.
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You can see the logs in the Dashboard.