2021 2020 Commercial obligations 1800 1600 Fee stocks 1600 1400 Usage markets 20000 18000 What is the circulating inventory turnover ratio (times) of the year 2021?

Intermediate Financial Management (MindTap Course List)
13th Edition
ISBN:9781337395083
Author:Eugene F. Brigham, Phillip R. Daves
Publisher:Eugene F. Brigham, Phillip R. Daves
Chapter7: Analysis Of Financial Statements
Section: Chapter Questions
Problem 3MC: Calculate the 2019 inventory turnover, days sales outstanding (DSO), fixed assets turnover, and...
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2021

2020

Commercial obligations

1800

1600

Fee stocks

1600

1400

Usage markets

20000

18000

What is the circulating inventory turnover ratio (times) of the year 2021?

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