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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 $164,300, 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 $164,300, beginning inventory $127.200, cost of goods sold $393,525, and sales revenue $805,600 Calculate the inventory turnover and days in inventory for Oakley, Inc. (Round inventory turnover to 2 decimal places, eg. 15.25 and days in inventory to decimal places, e.g. 15. Use 365 days for calculation.) Inventory turnover times Days in inventory days

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