Inventory Turnover and Days' Sales in Inventory Shown below are data from the Western Company's...
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Inventory Turnover and Days' Sales in Inventory Shown below are data from the Western Company's accounting records: Year 1 Year 2 $11,000,000 $14,000,000 5,000,000 6,000,000 620,000 630,000 630,000 750,000 Sales Revenue Cost of Goods Sold Beginning Inventory Ending Inventory Calculate the company's (a) inventory turnover and (b) days' sales in inventory for both years. Round your answer to two decimal points, when needed. Year 1 Year 2 Inventory turnover Days' sales in inventory Check 0 0
Inventory Turnover and Days' Sales in Inventory Shown below are data from the Western Company's accounting records: Calculate the company's (a) inventory turnover and (b) days' sales in inventory for both years. Round your answer to two decimal points, when needed
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