What is the inventory turnover

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Reference no: EM133104901

Question - The Top Corporation has ending inventory of $480,940, and cost of goods sold for the year just ended was $4,352,507.

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: EM133104901

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