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build the excel for retained earnings statement and calculate theinventory turnover and days 1.From the information above prepare a retained earnings statement. 2.Compute the inventory
- build the excel for retained earnings statement and calculate theinventory turnover and days
1.From the information above prepare a retained earnings statement. 2.Compute the inventory turnover and days in inventory for 2016. Inventory in December 31, 2015 was $21000. Inventory turnover in 2015 was 3.0 times. Show all the calculations please! Thx Step by Step Solution
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Fundamental Financial Accounting Concepts
Authors: Thomas P. Edmonds, Frances M. Mcnair, Philip R. Olds, Mark Edmonds, Christopher Edmonds
10th Edition
126015940X, 978-1260159400
