Solution-Compute the inventory turnover and the number of

Compute the inventory turnover and the number of days sales

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Reference no: EM132971574

Inventory Analysis:

A company reports the following:

Cost of goods sold $262,800

Average inventory 58,400

Problem 1: Compute the inventory turnover and the number of days' sales in inventory. Round interim calculations to the nearest dollar and final answers to one decimal place. Assume 365 days a year.

Reference no: EM132971574

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Compute the inventory turnover and the number of days sales

Reference no: EM132971574

Reference no: EM132971574

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