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p Can you write a good explanation comparing 2019 and 2018 calculation? 4. Inventory Turnover Formula Inventory Turnover = Cost Of Goods Sold/Average Inventory 2019
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Can you write a good explanation comparing 2019 and 2018 calculation?
4. Inventory Turnover Formula Inventory Turnover = Cost Of Goods Sold/Average Inventory 2019 2018 COGS 11,347,000 10,552,000 $ Inventory 4,085,000 3,445,000 $ Average Inventory 2,042,500 1,722,500 5.56 65.70 Times $ Days $ 6.13 59.58 ExplanationStep by Step Solution
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Survey of Accounting
Authors: Edmonds, old, Mcnair, Tsay
2nd edition
9780077392659, 978-0-07-73417, 77392655, 0-07-734177-5, 73379557, 978-0073379555
