Reference no: EM132108988
Question - This data is accessible for Hidalgo, Inc. for 2004, 2005, and 2006. (in millions) 2004 - 2005 - 2006
Starting stock $2,392 - $2,556 - $3,309
Finishing stock 2,556 - 3,309 - 4,141
Expense of merchandise sold 13,153 - 14,667 - 15,680
Deals 32,269 - 35,755 - 39,709
Compute the stock turnover proportion, days in stock, and gross benefit rate for Hidalgo, Inc. for 2004, 2005, and 2006.
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Compute the stock turnover proportion
: Compute the stock turnover proportion, days in stock, and gross benefit rate for Hidalgo, Inc. for 2004, 2005, and 2006
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