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Selected data for Irma's Store appear below 2015 2014 6.4 times 8 times 65,000 140,000 Receivables turnover Inventory turnover Inventory at end of year Accounts
Selected data for Irma's Store appear below 2015 2014 6.4 times 8 times 65,000 140,000 Receivables turnover Inventory turnover Inventory at end of year Accounts receivable at end of year 85,000 110,000 Instructions Compute the following for 2015: (a) Net sales (b) Cost of goods sold
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