Solution-Compute the average clays to sell the inventory

Compute the average clays to sell the inventory

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Reference no: EM131895898

Question - The following data are from the income statements of Haskin Company.

	2015	2014
Sales	$6,345,900	$6,144,300
Beginning inventory	924,900	858,100
Purchases	4,373,500	4,629,400
Ending inventory	1,066,000	924,900

Compute for each year the inventory turnover.

Compute for each year the average clays to sell the inventory.

Reference no: EM131895898

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Compute the average clays to sell the inventory

Reference no: EM131895898

Reference no: EM131895898

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