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Dell Incorporated is the leading manufacturer of personal computers. In a recent year, it reported the following in millions of dollars: Net sales revenue $
Dell Incorporated is the leading manufacturer of personal computers. In a recent year, it reported the following in millions of dollars:
Net sales revenue $ 76,251
Cost of sales 58,744
Beginning inventory 1,770
Ending inventory 1,870
Required: Determine the inventory turnover ratio and average days to sell inventory for the current year.
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