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PLEASE HELP!! E7-16: Analyzing and Interpreting the Inventory Turnover Ratio begin{tabular}{|c|c|} hline Net Sales Revenue & 78,660 hline Cost of Sales & 58,606

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E7-16: Analyzing and Interpreting the Inventory Turnover Ratio \begin{tabular}{|c|c|} \hline Net Sales Revenue & 78,660 \\ \hline Cost of Sales & 58,606 \\ \hline Beginning Inventory & 2,538 \\ \hline Ending Inventory & 2,678 \\ \hline \end{tabular} 1. Determine the inventory turnover ratio and average days to sell inventory for the current year. Inventory Turnover = Cost of Goods Sold/Average Inventory Average Days to Sell Inventory =365/ Inventory Turnover 2. Explain the meaning of each number

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