question archive (All figures are in billions)[I would like to see how to work this problem]Total assets - 15
(All figures are in billions)[I would like to see how to work this problem]Total assets - 15
Subject:AccountingPrice: Bought3
(All figures are in billions)[I would like to see how to work this problem]Total assets - 15.1Cost of Goods - 14.3
Inventory
Raw Material Inventory - .76
Work in progress inventory - .12
Finished Goods Inventory - .82
Compute the parentage of assets committed to inventory and inventory turnover. Round your answers to the first decimal place.
The total assets committed to inventory is ____________% and the inventory turnover for the firm is _______________ times.
