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) ABC Co had Cost of Goods Sold in 2022 of $1,500,000. Inventory at January 1 2022 was $160,000 and $140,000 on December 31, 2022.

) ABC Co had Cost of Goods Sold in 2022 of $1,500,000. Inventory at January 1 2022 was $160,000 and $140,000 on December 31, 2022.

a) What is the inventory turnover ratio?

b) What is the days sales in inventory

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