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    Financial Accounting Information for Decisions
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    Exam 5: Reporting and Analyzing Inventories
  5. Question
    A Company Reported the Following Data
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A Company Reported the Following Data

Question 161

Question 161

Essay

A company reported the following data:
A company reported the following data:   Required: 1. Calculate the days' sales in inventory for each year. 2. Comment on the trend in inventory management.
Required:
1. Calculate the days' sales in inventory for each year.
2. Comment on the trend in inventory management.

Correct Answer:

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