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5. Selected balance sheet and income statement information for Software Corporation and Entertainment Corporation for 2019 follows (in thousands): Required: a. Compute the inventory turnover

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5. Selected balance sheet and income statement information for Software Corporation and Entertainment Corporation for 2019 follows (in thousands): Required: a. Compute the inventory turnover rate for Software Co. and Entertainment Co. for 2019. b. Comment on the differences you observe between the turnover rates for these two companies

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