Lewinsky Corporation has ending inventory of ($352,600,) and cost of goods sold for the year just ended

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Lewinsky Corporation has ending inventory of \($352,600,\) and cost of goods sold for the year just ended was \($1,586,700.\) What is the inventory turnover? The days’sales in inventory?

How long on average did a unit of inventory sit on the shelf before it was sold?

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Fundamentals Of Corporate Finance

ISBN: 9780072313000

5th Edition

Authors: Stephen A Ross, Randolph W Westerfield

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