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The following balances come from the financial statements of a company Sales revenue Accounts receivable Beginning inventory Ending inventory Net purchases Sales returns Sales discount

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The following balances come from the financial statements of a company Sales revenue Accounts receivable Beginning inventory Ending inventory Net purchases Sales returns Sales discount $850,000 280,000 50,000 30,000 460,000 50,000 20,000 De Given this information, what is the company's inventory turnover ratio and average days in inventory Multiple Choice 16 whes 28 day a

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