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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Financial Accounting

ISBN: 9780470128848

6th Edition

Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso

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