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Question 8 Not complete Marked out of 100 prosto Inventory Ratio Calculations Delroi, Inc. provided the following data for 2008 and 2009 December 31, 2007

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Question 8 Not complete Marked out of 100 prosto Inventory Ratio Calculations Delroi, Inc. provided the following data for 2008 and 2009 December 31, 2007 $201.000 December 31, 2008 190.600 December 31, 2009 181,900 Cost of goods sold 2008 $632.000 2009 712.000 Gross margin 2008 5320,000 2009 400.000 Round all calculations to two decimal places. (a) Calculate the inventory turnover ratio for 2008 and 2009. 2008 O times 2009 O times (b) Calculate the gross margin return on inventory investment for 2008 and 2009. 2008 O 2009 0 increased, is an indication that Delrol is becoming more lean in its operations (c) The fact that Delroi's inventory levels have fallen over the past two years, while gross margin Check

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