BBA 3301 - Currently, some of Baryla's inventory includes $2.3 million of outdated
Question # 00539094
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Updated on: 06/03/2017 01:44 AM Due on: 06/03/2017
a. (5 points) Currently, some of Baryla's inventory includes $2.3 million of outdated and damaged goods that simply remain in inventory and are not salable. What inventory ratio must the good inventory maintain in order to achieve an overall turnover ratio of at least 6.3 (including the unsalable items)? (Round to one decimal place.)
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Rating:
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Solution: BBA 3301 - Currently, some of Baryla's inventory includes $2.3 million of outdated