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Use the following information for Davis Company to compute inventory turnover for 2015. 2015 2014 Cost of goods sold 279,500 291,800 Ending inventory 47,700 49,350

Use the following information for Davis Company to compute inventory turnover for 2015.

2015 2014
Cost of goods sold 279,500 291,800
Ending inventory 47,700 49,350

5.86

5.76

5.67

11.77

5.89

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