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Happy Day reported the following income statement for the year ended December 31.2017: Compute Happy Day's inventory turnover rate for the year. (Round to two
Happy Day reported the following income statement for the year ended December 31.2017: Compute Happy Day's inventory turnover rate for the year. (Round to two decimal places.) Compute Happy Day's days' sales in inventory for the year. (Round to two decimal places.) Compute Happy Day's inventory turnover rate for the year. (Round to two decimal places.) Select the labels and enter the amounts to compute the inventory turnover rate. (X XX.) = Inventory turnover = times Compute Happy Day's days' sales in inventory for the year. (Round to two decimal places.) Select the labels and enter the amounts to compute the days' sales in inventory for the year. (Enter all amounts to two decimal place)
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