The following information was available for the year ended December 31, 2022 : Cost of...
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Accounting
The following information was available for the year ended December 31, 2022 : Cost of goods sold Average inventony for the year Inventory at year-end {:[4.64","050],[21","400],[43","350]:} sxipped Required: a. Calculate the inventory turnover for 202 Note: Round your answer to 2 decimo b. Calculate the number of days' sales in in ay y for 2022, using year-end inventories. Note: Use 365 days a year. Round your answer to 1 decimal place. a Inventory turnover times b. Number of days' sales in Inventory days
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