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    Fundamental Accounting Principles Study Set 4
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    Exam 6: Inventories and Cost of Sales
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    A Company Reported the Following Data: Required

A Company Reported the Following Data: Required

Question 111

Question 111

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A company reported the following data: A company reported the following data:   Required: 1. Calculate the company's merchandise inventory turnover for each year. 2. Comment on the company's efficiency in managing its inventory. Required:
1. Calculate the company's merchandise inventory turnover for each year.
2. Comment on the company's efficiency in managing its inventory.

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