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Use the Following Figures (Stated in Millions of Dollars)to Compute

Question 52

Essay

Use the following figures (stated in millions of dollars)to compute the inventory
turnover and the days' inventory on hand within one decimal point:
Use the following figures (stated in millions of dollars)to compute the inventory turnover and the days' inventory on hand within one decimal point: a.Inventory turnover = ___________________ b.Days' inventory on hand = ___________________ a.Inventory turnover = ___________________
b.Days' inventory on hand = ___________________

Correct Answer:

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a.$13,168 ¸ [($1,830...

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