Assume Back to the Roots used 1 million pounds of raw materials in their most recent accounting year.They started the year with 20,000 pounds of raw materials and ended with 40,000 pounds.
(a) Compute Back to the Roots' raw materials inventory turnover.
(b) Compute Back to the Roots' days' sales in raw materials inventory.
(c) Interpret these results.What can the company do to improve these measures?

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The Answer of Assume Back to the Roots used 1 million pounds of raw materials in their most recent accounting year.They started the year with 20,000 pounds of raw materials and ended with 40,000 pounds.
(a) Compute Back to the Roots' raw materials inventory turnover.
(b) Compute Back to the Roots' days' sales in raw materials inventory.
(c) Interpret these results.What can the company do to improve these measures?

Assume Back to the Roots Used 1 Million Pounds of Raw