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Exercise 6-14 a1-a3 This information is available for Coronado's Photo Corporation for 2018, 2019, and 2020. 2019 2018 2020 Beginning inventory 117,000 319,000 $ 415,000
Exercise 6-14 a1-a3 This information is available for Coronado's Photo Corporation for 2018, 2019, and 2020. 2019 2018 2020 Beginning inventory 117,000 319,000 $ 415,000 Ending inventory 319.000 415,000 476,000 Cost of goods sold 910,000 1,130,000 1,300,000 Sales revenue 1,200,000 1,590,000 1,910,000 Calculate inventory turnover for Coronado's Photo Corporation for 2018, 2019, and 2020. (Round answers to 2 decimal places, e.g. 1.52.) 2018 2019 2020 Inventory turnover LINK TO TEXT Calculate days inventory for Coronado's Photo Corporation for 2018, 2019, and 2020. (Round answers to 1 decimal place, e.g. 1.5. Use 365 days for calculation.) 2019 2018 2020 days days days Days in inventory Calculate gross profit rate for Coronado's Photo Corporation for 2018, 2019, and 2020. (Round answers to 0 decimal places, e.g. 125%.) 2018 2019 2020 Gross profit rate % % Open Show Work Click if you would like to Show Work for this question: LINK TO TEXT
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