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Inventory Turnover and Days Sales in Inventory W. Glass & Company reported the following information in its recent annual report: Year 1 Year 2 Cost

Inventory Turnover and Days Sales in Inventory W. Glass & Company reported the following information in its recent annual report: Year 1 Year 2 Cost of goods sold $4,000,000 $4,600,000 Beginning inventory 880,000 860,000 Ending inventory 860,000 760,000 Calculate the companys inventory turnover and days sales in inventory for both years. Round answers to two decimal places. Use rounded answers for subsequent calculations

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