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Computing the rate of inventory turnover and days sales in inventory Broadway Communications reported the following figures in its annual financial statements: Cost of Goods

Computing the rate of inventory turnover and days sales in inventory
Broadway Communications reported the following figures in its annual financial statements:
Cost of Goods Sold $18,400
Beginning Merchandise Inventory $560
Ending Merchandise Inventory $450
Compute the rate of inventory turnover and days sales in inventory for Broadway Communications.

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