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    Fundamental Accounting Principles Study Set 5
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    Exam 6: Inventories and Cost of Sales
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    A Company Reported the Following Data
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A Company Reported the Following Data

Question 28

Question 28

Essay

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.
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.

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2. The company has a trend of decreas...

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