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Complete the following table. (Use 365 days in a year. Round the inventory turnover ratio to one decimal place before computing days to sell. Round
Complete the following table. (Use 365 days in a year. Round the inventory turnover ratio to one decimal place before computing days to sell. Round days to sell to one decimal place.)
| CASE | BI | PURCHASES | CGS | EI | INV. TURNOVER RATIO | DAYS TO SELL |
|---|---|---|---|---|---|---|
| A. | $210 | $975 | 930 | $255 | ? | ? |
| B. | $200 | ? | 1640 | ? | 8.2 | ? |
| C. | ? | ? | 1440 | 95 | ? | 25.3 |
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Financial Statement Fraud Strategies For Detection And Investigation
Authors: Gerard M. Zack
1st Edition
1118301552, 9781118301555
