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ES Question 2 Your answer is partially correct. Try again. The following information is available for Shamrock, Inc. for three recent fiscal years 2015 2016

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ES Question 2 Your answer is partially correct. Try again. The following information is available for Shamrock, Inc. for three recent fiscal years 2015 2016 2017 $561,018 $327,386 ady $555,239 Inventory 1,971,699 1,694,130 1,308,269 Net sales Cost of goods sold 949,086 1,266,607 1,537,243 Calculate the inventory turnover, days in inventory, and gross profit rate for 2017 and decimal places, e.g. 125 and gross profit rate to 1 decimal place, e.g. 5.2%.) 2017 2016 Inventory Turnover 2.75 times 0.23 times Days in Inventory 135.2 days 158.7 days Gross Profit Rate 2.2 % 2.5 % LINK TO TEXT ere to search

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