What is the inventory turnover and sales in inventory

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Bobaflex Corporation has ending inventory of $698,973 and cost of goods sold for the year just ended was $4,054,513. 1. What is the inventory turnover? 2. What is the days' sales in inventory? 3. How long on average (days on the shelf) did a unit of inventory sit on the shelf before it was sold?

Reference no: EM131194791

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