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excel not preferred Mountain Stream Carpets' books show the following data (Click the icon to view the income statements:) In early 2026auditors found that the
excel not preferred
Mountain Stream Carpets' books show the following data (Click the icon to view the income statements:) In early 2026auditors found that the ending merchandise inventory for 2023 was understated by $7,000a and that the ending merchand ise inventory for 2025 was overstated by $8,000 The ending merchandise inventory at December 31,2024 was correct Data table Requirement 3. Compute the inventory turnover and days' sales in inventory using the corrected income statement for the three years. (Round all numbers to two decimals.) Select the tabels and enter the amounts to compute inventory tumover for each year, (Round your answers to two decimal places, X. XX.) Step by Step Solution
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