The Following Data Were Taken from the Annual Reports of Big

question 91

Essay

The following data were taken from the annual reports of Big Bang Inc., a manufacturer of fireworks, and Orange Inc., a manufacturer of computers. ​
(a) Determine the (1) inventory turnover and (2) number of days' sales in inventory for Big Bang and Orange.
Round your answers to two decimal places.
(b) How would you expect these measures to compare between the companies? Why?

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