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Use the following information for Shafer Company to computeinventory turnover for year 2. Year 2 Year 1 Net sales $ 657,500 $ 584,900 Cost of
Use the following information for Shafer Company to computeinventory turnover for year 2.
Year 2 Year 1 Net sales $ 657,500 $ 584,900 Cost of goods sold 390,500 361,040 Ending inventory 79,700 81,380
4.85
5.85
4.00
8.25
7.19
Use the following information for Shafer Company to computeinventory turnover for year 2.
| Year 2 | Year 1 | |||||
| Net sales | $ | 657,500 | $ | 584,900 | ||
| Cost of goods sold | 390,500 | 361,040 | ||||
| Ending inventory | 79,700 | 81,380 | ||||
4.85
5.85
4.00
8.25
7.19
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Market Practice In Financial Modelling
Authors: Tan Chia Chiang
1st Edition
9789814366540
