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What is the days sales in inventory

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Reference no: EM132847525

Problem - The King Corporation has ending inventory of $468,200, and cost of goods sold for the year just ended was $3,815,830.

Required -

a. What is the inventory turnover?

b. What is the days' sales in inventory?

c. How long on average did a unit of inventory sit on the shelf before it was sold?

Reference no: EM132847525

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