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The following information is available for Canadian Tire Corporation (in $ millions): 2021 Inventory $2,408.6 Cost of goods sold 10,101.6 2020 $2,312.9 9,260.4 2019 $2,212.9
The following information is available for Canadian Tire Corporation (in $ millions): 2021 Inventory $2,408.6 Cost of goods sold 10,101.6 2020 $2,312.9 9,260.4 2019 $2,212.9 9,116.8 (a) Calculate the inventory turnover and days in inventory ratios for 2021 and 2020
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Principles of Accounting
Authors: Needles, Powers, crosson
11th Edition
1439037744, 978-1133626985, 978-1439037744
