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From the following hypothetical data for Riffa Co . in 2 0 1 8 and 2 0 1 9 to project revenues, cost of goods
From the following hypothetical data for Riffa Co in and to project revenues, cost of goods sold, and inventory for Year Assume that Riffa's Year revenue growth rate, gross profit margin growth rate, and inventory turnover will be identical to Project the average inventory balance in Year and use it to compute the implied ending inventory balance.Required:
From the following hypothetical data for Riffa Co in and to project revenues, cost of goods sold, and inventory for Year Assume that Riffa's Year revenue growth rate, gross profit margin growth rate, and inventory turnover will be identical to Project the average inventory balance in Year and use it to compute the implied ending inventory balance.Required:
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