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ANSWER QUICK I NEED IT IN 20 Endor Company begins the year with $170,000 of goods in Inventory At year-end, the amount in Inventory has
ANSWER QUICK I NEED IT IN 20
Endor Company begins the year with $170,000 of goods in Inventory At year-end, the amount in Inventory has increased to $187.000, Cost of goods sold for the year is $700,000. Compute Endor's inventory turnover and days' sales in inventory. Assume that there are 365 days in the year Choose Numerator: 1 1 1 Inventory Turnover Choose Denominator Inventory Turnover Inventory Turnover times Daya Sales in Inventory Choose Denominator Days - Days Sales In Inventory 365 Days' sales in inventory X 365 days Choose Numerator: 1 1 Step by Step Solution
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