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DCILI E6.14 (LO 4) This informati Com inve. This information is available for Abdullah's Photo Corporation for 2018, 2019, and 2020. 2018 2019 2020 Beginning
DCILI E6.14 (LO 4) This informati Com inve. This information is available for Abdullah's Photo Corporation for 2018, 2019, and 2020. 2018 2019 2020 Beginning inventory $ 100,000 $ 300,000 $ 400,000 Ending inventory 300,000 400,000 480,000 Cost of goods sold 900,000 1,152,000 1,300,000 Sales revenue 1,200,000 1,600,000 1,900,000 Instructions Calculate inventory turnover (round to two decimal places), days in inventory (round to one decimal place), and gross profit rate (from Chapter 5, round to nearest percentage) for Abdullah's Photo Corpora- tion for 2018, 2019, and 2020. Comment on any trends
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