During 2021, Stan Company purchased P 1.92M of inventory. The cost of goods sold for the year was P 1.8M and ending inventory was P 360,000. What was the 2012 inventory turnover?
During 2021, Stan Company purchased P 1.92M of inventory. The cost of goods sold for the year was P 1.8M and ending inventory was P 360,000. What was the 2012 inventory turnover?
Chapter10: Inventory
Section: Chapter Questions
Problem 2TP: Assume your company uses the periodic inventory costing method, and the inventory count left out an...
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During 2021, Stan Company purchased P 1.92M of inventory. The cost of goods sold for the year was P 1.8M and ending inventory was P 360,000. What was the 2012 inventory turnover?
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