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Your answer is correct. Compute inventory turnover for each company. (Round answers to 2 decimal places, e.g. 1.25.) Skysong Company Concord Company Inventory turnover ratio

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Your answer is correct. Compute inventory turnover for each company. (Round answers to 2 decimal places, e.g. 1.25.) Skysong Company Concord Company Inventory turnover ratio 3.68 3.97 SHOW SOLUTION LINK TO TEXT (a2) Compute days in inventory for each company. (Round answers to 2 decimal places, e.g. 1.25.) Skysong Company Concord Company Days in inventory days days ES Exercise 6-13 (Part Level Submission) The cost of goods sold computations for Skysong Company NV and Concord Company NV are shown below e Beginning inventory Cost of goods purchased Cost of goods available for sale Ending inventory Cost of goods sold Skysong Company 45,820 195,360 241,180 55,220 185,960 Concord Company 74,560 292,610 367,170 73,530 293,640

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