BE6-9 At December 31,2008, the following information was available for J. Graff Company: Compute inventory turnover ending
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BE6-9 At December 31,2008, the following information was available for J. Graff Company: Compute inventory turnover ending inventory $40,000, beginning inventory $60,000, cost of goods sold $270,000, and sales rev- anc^ days in inventory.
enue $380,000. Calculate inventory turnover and days in inventory for J. Graff Company.
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Related Book For
Financial Accounting
ISBN: 9780470128848
6th Edition
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
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