The following data were taken from the financial records of Mydorf Company. Compute for each year (a)

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The following data were taken from the financial records of Mydorf Company.


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Compute for each year 


(a) The inventory turnover 


(b) Days in inventory


What conclusions concerning the management of the inventory can be drawn from these data?

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Accounting Tools For Business Decision Making

ISBN: 9781119791058

8th Edition

Authors: Paul D. Kimmel,  Jerry J. Weygandt,  Jill E. Mitchell

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