Inventory Ratios The following data are available for 2009, regarding the inventory of two companies: Compute inventory

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Inventory Ratios The following data are available for 2009, regarding the inventory of two companies:

image text in transcribedCompute inventory turnover and number of days’ sales in inventory for both companies.
Which company is managing its inventory more efficiently?

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Accounting Concepts And Applications

ISBN: 9780324376159

10th Edition

Authors: W. Steve Albrecht, James D. Stice, Earl K. Stice, Monte R. Swain

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