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please solve it correctly I will thumb you up -11 III Question 6 of 10 View Policies Current Attempt in Progress (Inventory turnover) Information on
please solve it correctly I will thumb you up
-11 III Question 6 of 10 View Policies Current Attempt in Progress (Inventory turnover) Information on the activities of Strategy Furniture Ltd. is as follows: 2016 2017 2018 2019 2020 $2,071,638 $1,964,592 $1,430,298 $1,306,440 Cost of goods sold Average inventory $1,770,888 266,700 486,300 389,800 218,700 191,000 (a) Do a trend analysis of the inventory turnover for each year. Also calculate the days to sell inventory ratio for the respective years. (Round inventory turnover to 2 decimal places, eg. 18.42 and number of days to 1 decimal place, e.g. 13.6.) Inventory Turnover Number of days 2016 days 2017 days 2018 days 2019 days 2020 days e Textbook and Media Save for Later Attempts: unlimited Submit
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