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20.10.2021 •
Mathematics
This information is available for Kodak’s Photo Corporation for 2016, 2017, and 2018.
2016 2017 2018
Beginning inventory $ 111,000 $ 319,000 $ 411,000
Ending inventory 319,000 411,000 482,000
Cost of goods sold 903,000 1,095,000 1,312,710
Net sales revenue 1,204,000 1,500,000 1,875,300
Calculate inventory turnover for 2016, 2017, and 2018.
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