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View Policies Current Attempt in Progress This information is available for Sunland's Photo Corporation for 2020 and 2021. 2020 2021 Beginning inventory $232,000 $348,000 Ending
View Policies Current Attempt in Progress This information is available for Sunland's Photo Corporation for 2020 and 2021. 2020 2021 Beginning inventory $232,000 $348,000 Ending inventory 348,000 423,400 Cost of goods sold 1,334,000 1,465,660 Sales revenue 1,856,000 2,204,000 Calculate inventory turnover, days in inventory, and gross profit rate for Sunland's Photo Corporation for 2020 and 2021. (Use 365 days for calculation. Round gross profit rate to 2 decimal places, e.g. 0.25 and all other answers to 1 decimal place, e.g. 15.2.) Calculate inventory turnover, days in inventory, and gross profit rate for Sunland's Photo Corporation for 2020 and 2021. (Use 365 days for calculation. Round gross profit rate to 2 decimal places, e.g. 0.25 and all other answers to 1 decimal place, e.g. 15.2.) 2020 2021 Inventory turnover times times Days in inventory days days Gross profit rate e Textbook and Media
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