Can I get an equation to solve this problem? The given values im pluging in...
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Can I get an equation to solve this problem? The given values im pluging in are from a 10-k 7.If Colgate-Palmolive alters packaging to comply with sustainability issues, their inventory cost and cost of goods sold will increase by 10%. Sales are expected to decrease by 2%. Assume cost of goods sold is variable, i.e. if sales go up, so does COGS. What would be the new Inventory Turnover Ratio for the current year? (7 points)
Can I get an equation to solve this problem? The given values im pluging in are from a 10-k
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