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solve all parts Inventory Turnover and Days' Sales in Inventory Financial statement data for years ending December 31 for Amsterdam Company follow: a. Determine the
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Inventory Turnover and Days' Sales in Inventory Financial statement data for years ending December 31 for Amsterdam Company follow: a. Determine the inventory turnover for 20Y4 and 20Y3. Round to one decimal place. a. Determine the inventory turnover for 20Y4 and 20Y3. Round to one decimal place. b. Determine the days' sales in inventory for 20Y4 and 20Y3. Assume 365 days a year. Round interim calculations and final answers to one decimal place. c. Does the change in the inventory turnover and the days' sales in inventory from 20Y3 to 20Y4 indicate a favorable or an unfavorable trendStep by Step Solution
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