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Required: 1-a. Calculate the inventory turnover ratio for 2018 and 2017. 1-b. Calculate the average days to sell inventory for 2018 and 20 2. Did
Required: 1-a. Calculate the inventory turnover ratio for 2018 and 2017. 1-b. Calculate the average days to sell inventory for 2018 and 20 2. Did inventory turnover at Vo improve or decline in 2018? 3. Calculate the 2018 gross profit percentage. 4. The main competitor for Vo is Arctic Cat. Prior to being acqu turnover was 3.9 and its gross profit percentage was 4.5 per for LCM/NRV?
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