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Compute days in inventory for each year. (Round answers to 0 decimal places, e.g. 124. Use 365 days for calculation.) Brief Exercise 13-12 (Part Level
Compute days in inventory for each year. (Round answers to 0 decimal places, e.g. 124. Use 365 days for calculation.)
Brief Exercise 13-12 (Part Level Submission) The following data were taken from the income statements of Wildhorse Co.. 2017 2016 Sales revenue $6,553,000 969,500 4,814,000 1,178,000 $6,296,000 842,800 4,679,000 969,500 Beginning inventory Ending inventory Your answer is partially correct. Try again Compute the inventory turnover for each year. (Round answers to 1 decimal place, e.g. 12.5. 2017 2016 Inventory turnover 4.0 times .0 times Click if you would like to Show Work for this question: Open Show Work SHOW SOLUTION LINK TO TEX By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Attemptst 5 of S used (b1) Compute days in inventory for each year. (Round answers to 0 decimal places, e.g. 124. Use 365 days for calculation.) 2017 2016 Days in inventory days days Click if you would like to Show Work for this question: Open Show Work By accessing this Question Assistance, you will learn while you earn points based on the Point Potential Policy set by your instructor Attempts: O of 5 used SAVE FOR LATER Step by Step Solution
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