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1) The following is data that was taken from ABC Company and from XYZ Company: (5 points) ABC XYZ Cost of Goods Sold Inventory, end
1) The following is data that was taken from ABC Company and from XYZ Company: (5 points) ABC XYZ Cost of Goods Sold Inventory, end of year Inventory, beginning of year 45,000,000 6,100,000 5,900,000 2,500,000 230,000 290,000 Instructions: a) Determine the inventory turnover for both ABC Company and for XYZ Company b) Which company has the better inventory turnover
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