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2. REQUIRED: Calculate the 2016 gross profit ratio, inventory turnover ratio, and the average days in inventory for the two companies (rounded). The table below

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2. REQUIRED: Calculate the 2016 gross profit ratio, inventory turnover ratio, and the average days in inventory for the two companies (rounded). The table below contains selected financial information from recent financial statements of CAMERON Toys and Logan Adventure Toys, Inc., two toy manufacturing companies (S in thousands)

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