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The King Corporation has ending inventory of $386,735, and cost of goods sold for the year just ended was $4,981,315. a. What is the inventory

The King Corporation has ending inventory of $386,735, and cost of goods sold for the year just ended was $4,981,315.

a.What is the inventory turnover?

b.What is the days' sales in inventory?

c.How long on average did a unit of inventory sit on the shelf before it was sold?

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