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Tater and Pepper Corp. reported sales for 2021 of $23 million. Tater and Pepper listed $5.6 million of inventory on its balance sheet. Using a
Tater and Pepper Corp. reported sales for 2021 of $23 million. Tater and Pepper listed $5.6 million of inventory on its balance sheet. Using a 365 day year, how many days did Tater and Peppers inventory stay on the premises? How many times per year did Tater and Peppers inventory turn over?
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Introduction to Finance Markets Investments and Financial Management
Authors: Melicher Ronald, Norton Edgar
15th edition
