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Brief Exercise 18-12 The following data are from the income statements of Haskin Company. Compute for each year the average days to sell the inventory.
Brief Exercise 18-12 The following data are from the income statements of Haskin Company. Compute for each year the average days to sell the inventory. (a-2)
ASSIGNMENT RESOURCES tomework Chantr1The following data are fro Brief Exercise 18-12 (Part Level Submission) The following data are from the income statements of Haskin Company (ACC100 Brief Exercise 18-2 2015 2014 Sales Beginning inventory Purchases Ending inventory $6,198,200 879,900 4,659,800 992,100 $6,444,200 992,100 Pa 4,398,800 1,033,000 Brief Exercise 18-12 Part Level Submission ri (a1) Your answer is correct. eview Score eview Results Study Obiective Compute for each year the inventory turnover. (Round answers to 1 decimal place, e.g. 1.6.) 01 201 Inventory turnover 4.9 times 4.3 times SHOW SOLUTIONSHOW ANSWER LINK TO TEXT Attempts: 3 of 3 used (a2) Compute for each year the average days to sell the inventory (Round answers to 1 decimal place, e.g. 1.6.) 01 01 Days in inventory days daysStep by Step Solution
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