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Use the following info for the share company to compute inventory turnover for year 2. Net sales- year two: $657,000 year one: $584,800 Cost of
Use the following info for the share company to compute inventory turnover for year 2.
Net sales- year two: $657,000 year one: $584,800
Cost of goods sold- year 2: 390,400 year one: 361,030
ending inventory: year two: 79,600 year one 81, 280
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