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Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakley. Inc.: ending inventory $164,000, beginning
Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakley. Inc.: ending inventory $164,000, beginning inventory $125,000, cost of goods sold $393,040, and sales revenue $764,000. Your answer is incorrect. Calculate the inventory turnover for Oakley, Inc. (Round inventory turnover to 2 decimal places, e.g. 5.12.) Inventory turnover eTextbook and Media Your answer is incorrect. times Calculate the days in inventory for Oakley, Inc. (Round days in inventory to O decimal places, e.g. 125.) Days in inventory days
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