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6) If a company has beginning inventory of $30,000 and ending inventory of $55,000, compute its average inventory. If the COGS is $140,000, compute its
6) If a company has beginning inventory of $30,000 and ending inventory of $55,000, compute its average inventory. If the COGS is $140,000, compute its inventory turnover and determine how many days the average item is in stock.
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Contemporary Topics In Finance
Authors: Iris Claus, Leo Krippner
1st Edition
1119565162, 978-1119565161
