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Question 13 Firefox File Edit View History Bookmarks T s Tools Window Help Micomes Section Quiz #2 @ A https-/ nect.mheducation.com/flow/connect.html Section Quiz #2 0
Question 13
Firefox File Edit View History Bookmarks T s Tools Window Help Micomes Section Quiz #2 @ A https-/ nect.mheducation.com/flow/connect.html Section Quiz #2 0 Saved Help Save & Exit Submit 13 A company reports the following amounts for 2021: Inventory (beginning) $ 10,000 Inventory (ending) 36,000 Purchases 170,000 Purchase returns 15, 000 8 00:36-14 Calculate cost of goods sold, the inventory turnover ratio, and the average days in inventory for 2021. (Use 365 days in a year, Round your intermediate and final answers to 1 decimal place.) Cost of goods sold Inventory turnover ratio times Average days in inventory days est F6 # S 3 5 O PStep by Step Solution
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