Use the following information for Ryder Co. to compute inventory turnover for 2005 and 2004, and its
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Use the following information for Ryder Co. to compute inventory turnover for 2005 and 2004, and its days’ sales in inventory at December 31, 2005 and 2004. (Round answers to the tenths place.) Comment on Ryder’s efficiency in using its assets to increase sales from 2004 to 2005.
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Related Book For 
Fundamental Accounting Principles
ISBN: 9780072946604
17th Edition
Authors: Kermit D. Larson, John J Wild, Barbara Chiappetta
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