A Company Reported the Following Data

question 115

Essay

A company reported the following data:

 
Required:
Part a.Calculate the company's inventory turnover for each of the three years.(Round your answers to two decimal points.)
Part b.Calculate the days to sell for each of the three years.(Round your answers to one decimal point.)
Part c.Comment on the company's inventory turnover ratio by describing what it measures,how the changes over the past three years can be interpreted,and what may have caused those changes.
Part d.Comment on the company's days to sell by describing what it measures and how the changes over the past three years can be interpreted.

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Definitions:

Organization levels

The hierarchy within an organization that starts from the top with strategic management, through to middle management and down to operational levels.

Press releases

Official statements issued to newspapers and other news media for the purpose of providing information, an official statement, or making an announcement.

Empowered public

Empowered public refers to a society or community where individuals have greater power, resources, and opportunities to make decisions and take actions that affect their lives and surroundings.

Policy outcome

The result or effect that a policy has after its implementation, in terms of achieving its objectives or causing unintended consequences.