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The following information was available for the year ended December 31,2022 : Required: a. Calculate the inventory turnover for 2022. b. Calculate the number of
The following information was available for the year ended December 31,2022 : Required: a. Calculate the inventory turnover for 2022. b. Calculate the number of days' sales in inventory for 2022 , using year-end inventories. Note: Use 365 days a year. c. Calculate the accounts receivable turnover for 2022 . d. Calculate the number of days' sales in accounts receivable for 2022 , using year-end accounts receivable. Note: Use 365 days a year
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