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Your answer is partially correct. The following information is available from the annual reports of Young and Olde: ( a ) Calculate the inventory turnover

Your answer is partially correct.
The following information is available from the annual reports of Young and Olde:
(a)
Calculate the inventory turnover and days in inventory for both companies. (Round inventory turnover to 2 decimal places, e.g.15.25 and
days in inventory to 1 decimal place, e.g.15.2. Use 365 days for calculation.)
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