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B1.Compute days in inventory for each year. (Round answers to 0 decimal places, e.g. 124. Use 365 days for calculation.) 2022 Days in inventory TO
B1.Compute days in inventory for each year. (Round answers to 0 decimal places, e.g. 124. Use 365 days for calculation.)
2022
Days in inventory
TO
2021 Days in inventory
PLEASE FILL UP THE BOX QUESTION A AND B
The following data were taken from the income statements of Sandhill Co.. 2022 2021 Sales revenue $6,414,000 $6,202,000 Beginning inventory 963,300 821,500 Purchases 4,679,160 4.693,040 Ending inventory 1,101.000 963,300 (a) Compute the inventory turnover for each year. (Round answers to 1 decimal place, e.g. 12.5.) 2022 2021 Inventory turnover times eTextbook and Media Save for Later (b1) The parts of this question must be completed in order. This part will be available when you complete the part above. times Attempts: 0 of 1 used SubmitStep by Step Solution
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