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This information is available for Lily's Photo Corporation for 2020, 2021, and 2022. 2020 2021 2022 Beginning inventory $111,000 $314,000 $416,000 Ending inventory 314,000 416,000
This information is available for Lily's Photo Corporation for 2020, 2021, and 2022. 2020 2021 2022 Beginning inventory $111,000 $314,000 $416,000 Ending inventory 314,000 416,000 484,000 Cost of goods sold 956.250 1,182,600 1,260,000 Net sales revenue 1,275,000 1.642,500 1,800,000 (a) Calculate inventory turnover for 2020, 2021, and 2022. (Round answers to 2 decimal places, eg. 1.52) Inventory turnover 2020 2021 2022 (b) The parts of this question must be completed in order. This part will be available when you complete the part above. (c) The parts of this question must be completed in order. This part will be available when you complete the part above
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