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Inventory Analysis EX 14-11 Inventory analysis Obj. 3 a. (1) Inventory The following data were extracted from the income statement of Keever Inc:: turnover, current

Inventory Analysis
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EX 14-11 Inventory analysis Obj. 3 a. (1) Inventory The following data were extracted from the income statement of Keever Inc:: turnover, current year, 9.0 a. Determine for each year (1) the inventory turnover and (2) the days' sales in inventory. Round to one decimal place. b. What conclusions can be drawn from these data concerning the inventories

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