Based on the following information. computer (a) inventory turnover , (b) number of days sales...
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Accounting
Based on the following information. computer (a) inventory turnover , (b) number of days sales in inventory for the current year. Used 365 day year. (c) if the inventory turnover of 12 is average for the industry, how is the company doing?
Item Prior Year Current Year
Cost of Merchadise sold. $172900. $215000
Inventory 18000 12000
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You can see the logs in the Dashboard.