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The following information is available from the annual reports of Flounder and Patricia: (a) Calculate the inventory turnover and days in inventory for both companies.

image text in transcribed The following information is available from the annual reports of Flounder and Patricia: (a) Calculate the inventory turnover and days in inventory for both companies. (Round inventory turnover to 2 decimal places, e.g. 15.25 and days in inventory to 1 decimal place, e.g. 15.2. Use 365 days for calculation.)

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