Distribution centre wants to assess its inventory management performance using the Inventory Turnover Ratio (ITR) metric. Last year, the distribution centre had an average inventory value of $ 500, 000 and sold goods worth $1, 500, 000 . What is the Inventory Turnover Ratio (ITR) for last yeaR

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12-06-2024
Business

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Distribution centre wants to assess its inventory management performance using the Inventory Turnover Ratio (ITR) metric. Last year, the distribution centre had an average inventory value of $ 500, 000 and sold goods worth $1, 500, 000 . What is the Inventory Turnover Ratio (ITR) for last yeaR

Sagot :

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