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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA FM Exams › Mcq 73 Gorwa co Bpp kit
Sir as it is asked in this question that inventory turnover has slowed down, is this statement true or false.
So here in order to prove this statement as true or false , we will have to calculate inventory days (i.e avg inventory/CGS x 365)
OR
Do we have to calculate inventory turnover in times (i.e CGS/avg inventory)?
Given that the question refers to inventory turnover, it would be sensible to calculate the average turnover!
