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Imran Ali,
On Tue, Apr 26, 2011 at 5:28 PM, Anam <naazaslam0@gmail.com> wrote:
--4th option is right or not???????
The MM equipment firm's financial statements reveal that its sales are Rs. 500 and its finished goods inventory is valued as Rs. 250. BC Company is one of the competitors of MM equipment with 3 times inventory turnover. You have to evaluate that which of the following statements is true about MM equipment's inventory turnover?
► Equal to BC Company
► Better than BC company
► None of the given options
► Worst than BC Company
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