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The following data were taken from the annual reports of Big Bang Inc., a manufacturer of fireworks, and Orange Inc., a manufacturer of computers. Big
The following data were taken from the annual reports of Big Bang Inc., a manufacturer of fireworks, and Orange Inc., a manufacturer of computers.
Big Bang Inc.
Orange Inc.
Cost of goods sold
$
$
Inventory, end of year
Inventory, beginning of year
What is the inventory turnover for Big Bang and Orange?
Big Bang Inc.:
Orange Inc.:
Big Bang Inc.:
Orange Inc.:
Big Bang Inc.:
Orange Inc.:
Big Bang Inc.:
Orange Inc.:
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