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Exercise 6-14 The cost of goods sold computations for Alpha Company and Omega Company are shown below. Compute inventory turnover for each company. (Round answers
Exercise 6-14
The cost of goods sold computations for Alpha Company and Omega Company are shown below. Compute inventory turnover for each company. (Round answers to 2 decimal places, e.g. 15.25.) Compute days in inventory for each company. (Round answers to 0 decimal places, e.g. 1,250. Use 365 days for calculation.) Which company moves its inventory more quickly Step by Step Solution
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