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Current Attempt in Progress
At December 31,2020, the following information was available for Wildhorse Company: ending inventory $27,550; beginning inventory $26,150; cost of goods sold $209,430; and sales revenue $524,600.
Calculate the inventory turnover and days in inventory for Wildhorse. (Use 365 days for calculation. Round answers to 1 decimal place, eg.15.2.)
Inventory turnover times
Days in inventory days
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