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Brief Exercise 6-9 At December 31, 2019, the following information was available for Monty Corp. : ending inventory $37,500, beginning inventory $60,000, cost of goods
Brief Exercise 6-9 At December 31, 2019, the following information was available for Monty Corp. : ending inventory $37,500, beginning inventory $60,000, cost of goods sold $270,000, and sales revenue $369,000 Calculate inventory turnover for Monty Corp.. (Round answer to 1 decimal place, e.g. 1.5.) Inventory turnover times Calculate days in inventory for Monty Corp.. (Round answer to 1 decimal place, e.g. 1.5. Use 365 days for calculation Days in inventorys days
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