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SCC Company reported the following for the current year: Net sales $ 4 9 , 0 0 0 Cost of goods sold 4 1 ,

SCC Company reported the following for the current year:
Net sales $ 49,000
Cost of goods sold 41,820
Beginning balance in inventory 2,100
Ending balance in inventory 8,100
Compute (a) inventory turnover and (b) days sales in inventory. Hint: Inventory turnover uses average inventory and days sales in inventory uses the ending balance in inventory.

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