At December 31, 1998, the following information (in thousands) was available for sunglasses manufacturer Oakley, Inc.: ending
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At December 31, 1998, the following information (in thousands) was available for sunglasses manufacturer Oakley, Inc.: ending inventory $35,548; beginning inventory
$26,200; cost of goods sold $86,134; and sales revenue $231,934. Calculate the inventory turnover ratio and days in inventory for Oakley, Inc.
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Related Book For
Financial Accounting Tools For Business Decision Making
ISBN: 9780471347743
2nd Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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