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Data Table -X Calm Day reported the following income statement for the year ended December 31, 2025: (Click the icon to view the income statement

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Data Table -X Calm Day reported the following income statement for the year ended December 31, 2025: (Click the icon to view the income statement ) Calm Day Requirements . Compute Calm Day's inventory turnover rate for the year. (Round to two decimal places.) Income Statement Compute Calm Day's days' sales in inventory for the year. (Round to two decimal places.) Year Ended December 31, 2025 Net Sales Revenue $ 128,000 Requirement 1. Compute Calm Day's inventory turnover rate for the year. (Round to two decimal places.) Cost of Goods Sold Select the labels and enter the amounts to compute the inventory turnover rate. (Round your answer to two decimal Beginning Merchandise Inventory $ 9,000 Cost of Goods Sold Average Merchandise Inventory Inventory turnover Plus: Net Cost of Inventory Purchased 62,000 times Cost of Goods Available for Sale 71,000 Requirement 2. Compute Calm Day's days' sales in inventory for the year. (Round to two decimal places.) Less: Ending Merchandise Inventory 12,200 58,800 Select the labels and enter the amounts to compute the days' sales in inventory for the year. (Enter all amounts to two Cost of Goods Sold Gross Profit 69,200 Days' sales in inventory 41,600 days Operating Expenses $ 27,600 Net Income Print Done

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