What are the companys inventory turnover ratio

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Reference no: EM131157306

Sorenson Inc. has sales of $3,112,489, a gross profit margin of 23.1 percent, and inventory of $833,145.

What are the company's inventory turnover ratio and days' sales in inventory?

Reference no: EM131157306

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What are the companys inventory turnover ratio : Sorenson Inc. has sales of $3,112,489, a gross profit margin of 23.1 percent, and inventory of $833,145.-What are the company's inventory turnover ratio and days' sales in inventory?

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