Mattress Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold w

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Mattress Wholesalers Inc Is Constantly Trying To Reduce Inventory In Its Supply Chain Last Year Cost Of Goods Sold W 1 (79.83 KiB) Viewed 10 times

Mattress Wholesalers, Inc. is constantly trying to reduce inventory in its supply chain. Last year, cost of goods sold was $7.50 million and inventory was $1.50 million. This year, costs of goods sold is $8.60 million and inventory investment is $1.60 million. a) What was its weeks of supply last year? b) What is its weeks of supply this year? c) Is Mattress Wholesalers making progress in its inventory reduction effort? Since the number of weeks that cover the supply has weeks (round your response to two decimal places). weeks (round your response to two decimal places). Mattress Wholesalers is making in its inventory-reduction effort.