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Low's Companies, a home improvement store chain, reported the following summarized figures: (Click the icon to view the income statement) (Click the icon to view
Low's Companies, a home improvement store chain, reported the following summarized figures: (Click the icon to view the income statement) (Click the icon to view the balance sheets.) Low's has 50,000 common shares outstanding during 2024 . Read the requirements. Requirement 1. Compute the inventory turnover, days' sales in inventory, and gross profit percentage for Low's Companies for 2024. Compute the inventory furnover. (Round your answer to two decimal places, X.XX.) The inventory turnover = = times. Income Statement Balance Sheets
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