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The introduction of global standards on a best-practice basis was very well received by all involved. Employees around the world are on board with interest and great commitment. Communication between countries has improved decidedly.
Thomas Heckman, CEO, AKW Apparate + Verfahren GmbH

Survey 5 - Formula 2

 

Which formula is used for Inventory turnover calculation?
Cost of goods sold * Average inventory
Cost of goods sold / Average inventory
Average inventory / Cost of goods sold
(Cost of goods sold + Average inventory) / 2
What am I