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Endor Company begins the year with $110,000 of goods in inventory. At year-end, the amount in inventory has increased to $121,000 Cost of goods sold
Endor Company begins the year with $110,000 of goods in inventory. At year-end, the amount in inventory has increased to $121,000 Cost of goods sold for the year is $1,500,000. Compute Endor's inventory turnover and days' sales in inventory. Assume there are 365 days in the year
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