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" FOR MORE CLASSES VISIT<br>www.tutorialoutlet.com<br>Balance Sheet info:12/31/201512/31/2016<br>Cash 25,000 $ 30,000
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INVENTORY TURNOVER CAN BE COMPUTED 2 DIFFERENT WAYSTUTORIALOUTLET.COM
Inventory Turnover can be computed 2 different ways FOR MORE CLASSES VISIT www.tutorialoutlet.com • Income Stmt info:20152016Sales $ 1,000,000 $ 1,050,000 less Cost of Goods Sold: 400,000 424,000 Gross Profit 600,000 626,000 Operating Expenses 350,000 365,750
INVENTORY TURNOVER CAN BE COMPUTED 2 DIFFERENT WAYSTUTORIALOUTLET.COM