At December 31, 2004, the following information (in thousands) was available for sunglasses manufacturer Oakley, Inc.: ending
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At December 31, 2004, the following information (in thousands) was available for sunglasses manufacturer Oakley, Inc.: ending inventory $115,061; beginning inventory
$98,691; cost of goods sold $265,104; and sales revenue $585,468. 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: 9780471730514
4th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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