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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 $181,000, beginning inventory

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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 $181,000, beginning inventory $110,000, cost of goods sold $353,565, and sales revenue $797,000. (a) Your answer is correct. Calculate the inventory turnover for Oakley. Inc. (Round onswer to 2 decimol places es. 1.25) Inventory turnover times Calculate days in inventory for Oakley, Inc. (Round onswer to 0 decimal ploces, es 15. Use 365 days for calculation) Days in inventory $ days

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