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The following information is available for Sunland's Activewear Inc. for three recent fiscal years. Calculate the inventory turnover, days in inventory, and gross profit rate
The following information is available for Sunland's Activewear Inc. for three recent fiscal years. Calculate the inventory turnover, days in inventory, and gross profit rate for 2025 and 2024. (Round inventory turnover to 1 decimal place, eg. 5.2, days in inventory to 0 decimal places, eg. 125 and gross profit rate to 1 decimal place, eg. 5.2\%)
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Auditing An International Approach
Authors: Wally J. Smieliauskas, Kathryn Bewley
6th edition
978-0070968295, 9781259087462, 978-0071051415
