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The following information is available from recent financial statements of Novak Incorporated and Pina Enterprises: Calculate the inventory turnover and days in inventory for both
The following information is available from recent financial statements of Novak Incorporated and Pina Enterprises: Calculate the inventory turnover and days in inventory for both companies. (Round inventory turnover answer to 1 decimal place, e.g. 52.7 and days in inventory answer to 0 decimal places, e.g. 5,275. . Use 365 days for calculation.)
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