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Inventory Turnover The following data were taken from recent annual reports of Tomato Computer, Inc, a manufacturer of personal computers and relat Times Corporation, a
Inventory Turnover The following data were taken from recent annual reports of Tomato Computer, Inc, a manufacturer of personal computers and relat Times Corporation, a manufacturer and distributor of greeting cards and related products Tomato Cost of goods sold Inventory, end of year Inventory, beginning of the year a. Determine the inventory turnover for Tomato and Happy Times. Round to one decimal place. Tomato Happy Times $3,937,700o 105,000 64,000 736,000 165,000 203,000 ) b. would you expect Happy Times, inventory turnover to be higher or lower than Tomato Computers
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