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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 $155,377, 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 $155,377, beginning inventory $119,035, cost of goods sold $349,114, and sales revenue $761,865. (a) Your answer is correct Calculate the inventory turnover for Oakley, Inc. (Round answer to 2 decimal places, e.g. 1.25.) Inventory turnover 2.54 times e Textbook and Media Attempts: unlimited (b) . Your answer is incorrect Calculate days in inventory for Oakley, Inc. (Round answer to decimal places, es. 15. Use 365 days for calculation) Days in inventory $ days e Textbook and Media

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