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Giorgio had cost of goods sold of $9,101 million, ending inventory of $2,089 million, and average inventory of $1,900 million. Its inventory turnover equals:

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ayokenny2001

The inventory turnover for Giorgio whose cost of goods sold of $9,101 is  4.79 times

What is inventory turnover?

This Rreveals how many times a company sells its merchandise inventory during a period.

Inventory turnover is computed as:

= Cost of goods sold /  Average inventory

=  $9,101 million /  $1,900 million

= 4.79 times

Hence, the inventory turnover for Giorgio whose cost of goods sold of $9,101 is 4.79 times

Learn more about inventory turnover here : https://brainly.com/question/26838855

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