Calculate the inventory turnover for oakley inc

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Question - Suppose at December 31 of a recent year, the following information (in thousands) was available for sunglasses manufacturer Oakley Inc.: ending inventory $164,000; beginning inventory $116,000; cost of goods sold $364,000 and sales revenue $764,000.

(a) Calculate the inventory turnover for Oakley, Inc.

(b) The parts of this question must be completed in order. This part will be available when you complete the part above.

Reference no: EM133137226

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