Moz Corporation was founded with the mission of filing every home with music. The company...
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Moz Corporation was founded with the mission of filing every home with music. The company reported the following amounts in its financial statements in millions) 2018 2017 Net Sales $ 6,100 $ 6,160 Cost of Goods sold 5,000 Beginning Inventory 4,800 520 510 Ending Inventory 700 520 Required: 1. Determine the inventory turnover ratio and average days to sell Inventory for 2018 and 2017. (Use 365 days in a year. Round your Intermediate and final answers to 1 decimal place.) 2017 2018 times per year days Inventory Turnover Ratio Days to Sell + mes per year days
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