Just a Buck Discount Stores is assessing its levels of inventory for 2010 and 2011 and has

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Just a Buck Discount Stores is assessing its levels of inventory for 2010 and 2011 and has gathered the following data:

Compute the inventory turnover and days’ inventory on hand for 2010 and 2011 and comment on the results. (Note: Round final answers to one decimal place.)

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Financial Accounting

ISBN: 978-0538476010

11th edition

Authors: Belverd E. Needles, Marian Powers

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Question Posted: Sep 10, 2014 11:37 AM

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Just a Buck Discount Stores is assessing its levels of inventory for 2010 and 2011 and has

Question:

Ending inventory Cost of goods sold 2011 $96,000 480,000 2010 81,000 450,000 2009 $69,000

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Just a Buck Discount Stores inventory is increasing much ...View the full answer

Financial Accounting

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