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Please including the explanation, thank you Sync Corp. has net sales of $1,000,000 for the year. Additional information is shown below: Receivables turnover ratio 10
Please including the explanation, thank you
Sync Corp. has net sales of $1,000,000 for the year. Additional information is shown below: Receivables turnover ratio 10 5 Inventory turnover ratio Asset turnover ratio 3 Return on equity 10% What is the average days in inventory? 121.7 days 73 days O 24.3 days 36.5 daysStep by Step Solution
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Management Accounting
Authors: Charles T Horngren, Gary L Sundem, William O Stratton, Howard D Teall, George Gekas
5th Canadian Edition
0131922688, 978-0131922686
