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Endor Company begins the year with $60,000 of goods in inventory. At year-end, the amount in inventory has increased to $77,000. Cost of goods sold

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Endor Company begins the year with $60,000 of goods in inventory. At year-end, the amount in inventory has increased to $77,000. Cost of goods sold for the year is $1,700,000. Compute Endor's inventory turnover and days' sales in inventory. Assume that there are 365 days in the year. Inventory Turnover Choose Denominator: = Choose Numerator: 1 Inventory Turnover Inventory Turnover times 1 Days' Sales in Inventory Choose Denominator: Choose Numerator: 1 Days 365 / Days' Sales in Inventory Days' sales in inventory days / 365

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