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The following information is available from the annual reports of Ayayai and Mary: 2022 ending...

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Accounting

The following information is available from the annual reports of Ayayai and Mary: 2022 ending Inventory 2021 ending inventory Cost of goods sold Sales revenue 2022 LIFO reserve 2021 LIFO reserve (a) Inventory turnover Days in inventory (Amounts in millions) Ayayai Mary $6,000 $4,800 82F Windy 6,150 25,029 29,000 220 218 Calculate the inventory turnover and days in inventory for both companies. (Round inventory turnover to 2 decimal places, e.g. 15.25 and days in inventory to 1 decimal place, e.g. 15.2. Use 365 days for calculation.) 5,000 Ayayai 31,017 36,000 times days Mary times days 3 Authors: Vangermeersch Richard DE 10 m ec m 75 he the
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The following information is available from the annual reports of Ayayai and Mary: (a) Calculate the inventory turnover and days in inventory for both companies, (Round inventory tumover to 2 decimal places, eg. 15.25 and days in inventory to 1 decimal place, e.3. 15.2. Use 365 days for calculation.) Calculate the inventory turnover and days in inventory for both companies. (Round inventory turnover to 2 decimal places, e.3.15.25 and days in inventory to 1 decimal place, eg. 15.2. Use 365 days for calculation.)

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