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Brief Exercise 14-12 The following data are from the income statements of Haskin Company. Sales revenue Beginning inventory Purchases Ending inventory $6,318,800 958,400 4,394,300 1,069,100

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Brief Exercise 14-12 The following data are from the income statements of Haskin Company. Sales revenue Beginning inventory Purchases Ending inventory $6,318,800 958,400 4,394,300 1,069,100 $6,138,700 861,400 4,635,500 958,400 Eompute for each year the inventory turnover. (Round answers to 1 decimal place, e.g. 1.6.) Inventory turnover times times Compute for each year the average days to sell the inventory. (Round answers to 1 decimal place, e.g. 1.6.) 01 Days in inventory days days

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