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  3. cost of goods sold $884,540 $988,250 $1,181,890 $1

Cost of goods sold $884,540 $988,250 $1,181,890 $1,384,920 $1,442,890 Average inventory 123,200 155,820 200,480 319,040...

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Accounting

Cost of goods sold $884,540 $988,250 $1,181,890 $1,384,920 $1,442,890 Average inventory 123,200 155,820 200,480 319,040 438,240 (a) Do a trend analysis of the inventory turnover for each year. Also calculate the days to sell inventory ratio for the respective years. (Round inventory turnover to 2 decimal places, eg. 18.42 and number of days to 1 decimal place, eg. 13.6.) Inventory Turnover Number of Days 2020 days 2021 days 2022 days 2023 days

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