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( c ) Calculate the inventory turnover ratio and days to sell inventory ratio for the two companies for two years. ( Round inventory turnover
c
Calculate the inventory turnover ratio and days to sell inventory ratio for the two companies for two years. Round inventory
turnover ratio to decimal place, eg and days in inventory to decimal places, eg Use days for calculation.
Which of the two companies is moving inventory faster?
is moving inventory faster.Current Attempt in Progress
The following information was taken from the accounting records of Bramble Ltd and Crane Ltd at October The two
companies are competitors.
a
Calculate the gross margin, gross margin ratio, and inventory turnover ratio at October for:
i Bramble Ltd
ii Crane Ltd
Round gross margin ratio and inventory turnover ratio to decimal place, eg or
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