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A company reports the following: Cost of goods sold $1,905,300. Average Inventory 328,500 Determine (a) the Inventory turnover and (b) the days' sales in
A company reports the following: Cost of goods sold $1,905,300. Average Inventory 328,500 Determine (a) the Inventory turnover and (b) the days' sales in inventory. Round your answers to one decimal place. Assume a 365-day year. a. Inventory turnover b. Days' Sales in Inventory days
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Introduction to Accounting An Integrated Approach
Authors: Penne Ainsworth, Dan Deines
6th edition
78136601, 978-0078136603
