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Return to Blackboard Weygandt, Financial and Managerial, 3e Help System Announcements Brief Exercise 13-12 al-a2 (Part Level Submission) The following data were taken from the
Return to Blackboard Weygandt, Financial and Managerial, 3e Help System Announcements Brief Exercise 13-12 al-a2 (Part Level Submission) The following data were taken from the income statements of Sunland Company. Sales revenue Beginning inventory Purchases Ending inventory 2020 $6,438,000 994,000 4,658,400 990,000 2019 $6,275,000 840,000 5,197,500 994,000 (al) Your answer is correct. Compute the inventory turnover for each year. (Round answers to 1 decimal place, e.g. 12.5.) 2020 2019 Inventory turnover 4.71 times s.s times SHOW SOLUTION SHOW ANSWER LINK TO TEXT (a2) search 0 Your answer is correct. Compute the inventory turnover for each year. (Round answers to 1 decimal place, e.g. 2020 2019 Inventory turnover 4.7 times 5.5 times SHOW SOLUTION SHOW ANSWER LINK TO TEXT (a2) Compute days in inventory for each year. (Round answers to 0 decimal places, e.g. 124.us 2020 2019 Days in inventory days days search
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