Check my work Rouse Incorporated reported sales, cost of sales, and inventory figures for last...
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Accounting
Check my work Rouse Incorporated reported sales, cost of sales, and inventory figures for last year and the current year as follows (all dollars in thousands). Cost of oods Average Inventory Sales Sold Last year $100 $85 90 $27 Current year ook 110 35 int 1. What is the amount of inventory turnover for each year? 2. In which year did Rouse manage its inventory most efficiently? Complete this question by entering your answers in the tabs below Required 1 Required 2 What is the amount of inventory turnover for each year? (Round your answers to 2 decimal places.) Inventory Turnover Last year Current year
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You can see the logs in the Dashboard.