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Example Exercise 17-5 A company reports the following: SHOW ME HOW Cost of goods sold Average inventory $630,000 90,000 Determine (a) the inventory turnover and

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Example Exercise 17-5 A company reports the following: SHOW ME HOW Cost of goods sold Average inventory $630,000 90,000 Determine (a) the inventory turnover and (b) the number of days' sales in inventory. Round to one decimal place

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