The financial statements of Green Mountain Coffee are presented in Appendix B, following the financial statements for
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The financial statements of Green Mountain Coffee are presented in Appendix B, following the financial statements for Starbucks in Appendix A.
\section*{Instructions}
(a) Based on the information in these financial statements, compute these 1996 values for each company:
1. Inventory turnover ratio 2. Days in inventory
(b) What conclusions concerning the management of the inventory can be drawn from these data?
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Related Book For
Financial Accounting Tools For Business Decision Making
ISBN: 9780471169192
1st Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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