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The Top Corporation has ending inventory of $426,287, and cost of goods sold for the year just ended was $4,738,216. What is the inventory turnover?
The Top Corporation has ending inventory of $426,287, and cost of goods sold for the year just ended was $4,738,216. What is the inventory turnover? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. What is the days sales in inventory? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. How long, on average, did a unit of inventory sit on the shelf before it was sold? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16
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