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Compute inventory turnover for each company

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Reference no: EM132918001

Question - The cost of goods sold computations for Ayayai Company NV and Pina Company NV are shown below.

 

Ayayai Company

Pina Company

Beginning inventory

€46,080

€71,730

Cost of goods purchased

198,270

290,390

Cost of goods available for sale

244,350

362,120

Ending inventory

57,010

71,700

Cost of goods sold

€187,340

€290,420

Required - Compute inventory turnover for each Company.

Reference no: EM132918001

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