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Based on the Following Information, Compute A) Inventory Turnover; B)

Question 45

Essay

Based on the following information, compute a) inventory turnover; b) average daily cost of merchandise sold
using a 365 day year; and c) number of days' sales in inventory. Based on the following information, compute a) inventory turnover; b) average daily cost of merchandise sold using a 365 day year; and c) number of days' sales in inventory.

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a) $195,640 ÷ [$20,500 + 18,62...

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