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Calculating Inventory Turnover [LO 2] Bobaflex Corporation has ending inventory of $426, 163 and cost of goods sold for the year just ended was $6,
Calculating Inventory Turnover [LO 2] Bobaflex Corporation has ending inventory of $426, 163 and cost of goods sold for the year just ended was $6, 238, 615. What is the inventory turnover? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) What is the day's sales in inventory? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) How long on average did a unit of inventory sit on the shelf before it was sold? (Do not round intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)
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