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HELP PLS SHOW HOW TO AND STEPS PLA Ex 7 The cost of goods sold computation Turner Company and Brian Company are shown below. Turner
HELP PLS SHOW HOW TO AND STEPS PLA
Ex 7 The cost of goods sold computation Turner Company and Brian Company are shown below. Turner Company Brian Company Beginning inventory $ 45,000 $ Cost of merchandise purchased (a) Cost of merchandise available for sale 245,000 $ Ending Inventory 55,000 Cost of merchandise sold $ 190,000 $ (c) Compute the Inventory Turnover and Days Sales in Inventory for each company. (d) Which company moves its inventory more quickly? $ (b) 71,000 290,000 361,000 292,000 Step by Step Solution
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