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A company reports the following: Cost of goods sold $348,210 Average inventory 77,380 Determine (a) the inventory turnover and (b) the number of days' sales
A company reports the following: Cost of goods sold $348,210 Average inventory 77,380 Determine (a) the inventory turnover and (b) the number of days' sales in inventory. Round interim calculations t 1 answer
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Intermediate Accounting
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
10th Edition
324300980, 978-0324300987
