wk 4 problem

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In the Cases & Projects section at the back of Chapter 7 in your textbook, find and complete problem “CP 7-6 Comparing inventory ratios for two companies.” Be sure to complete all steps and sections of the problem and show all your work. Clearly label your answers. Submit all your documentation for the problem to the dropbox for grading.

GRADING ASSIGNMENT CRITERIA

MAXIMUM POINTS

Demonstrates knowledge and understanding of comparing inventory ratios

50

Shows necessary calculations for inventory turnover and days’ sales in inventory, and substantive responses to interpretation questions.

40

Mechanics and clarity of work. When applicable, punctuation, sentence structure, spelling and citation of sources.

10