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Exercise No. (4): the following are the data related to the international company for the year (2018): Inventory turnover is 18 times Average inventory balances
Exercise No. (4): the following are the data related to the international company for the year (2018): Inventory turnover is 18 times Average inventory balances 45,000 dinars The average of accounts receivable balances are 50,000 dinars operating cycle is 45 days The percentage of credit sales for the year 2014 is 75% Requirement: Find sales, cost of sales, and gross profit
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