4. 4. Calculating inventory turnover [LO 3.2] Mandurama Jams Limited has ending inventory of $386 735 and

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4. 4.

Calculating inventory turnover [LO 3.2] Mandurama Jams Limited has ending inventory of $386 735 and cost of sales for the year just ended was $4 981 315. What is the inventory turnover? The days’ sales in inventory? How long on average did a unit of inventory sit on the shelf before it was sold?

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Fundamentals Of Corporate Finance

ISBN: 9781743768051

8th Edition

Authors: Stephen A. Ross, Rowan Trayler, Charles Koh, Gerhard Hambusch, Kristoffer Glover, Randolph W. Westerfield, Bradford D. Jordan

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