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Complete this question by entering your answers in the tabs below. Calculate the inventory turnover ratio for each company. Required: 1. Calculate cost of goods

image text in transcribedimage text in transcribedimage text in transcribed Complete this question by entering your answers in the tabs below. Calculate the inventory turnover ratio for each company. Required: 1. Calculate cost of goods sold for each company. 2. Calculate the inventory turnover ratio for each company. 3. Calculate the average days in inventory for each company. 4. Which company appears to be managing its inventory more efficiently? Complete this question by entering your answers in the tabs below. Which company appears to be managing its inventory more efficiently? Which company appears to be managing its inventory more efficiently? Complete this question by entering your answers in the tabs below. Calculate the average days in inventory for each company. Complete this question by entering your answers in the tabs below. Calculate the inventory turnover ratio for each company. Required: 1. Calculate cost of goods sold for each company. 2. Calculate the inventory turnover ratio for each company. 3. Calculate the average days in inventory for each company. 4. Which company appears to be managing its inventory more efficiently? Complete this question by entering your answers in the tabs below. Which company appears to be managing its inventory more efficiently? Which company appears to be managing its inventory more efficiently? Complete this question by entering your answers in the tabs below. Calculate the average days in inventory for each company

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