The following information is available for Gildan Activewear Inc., headquartered in Montreal, for three recent...
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Accounting
The following information is available for Gildan Activewear Inc., headquartered in Montreal, for three recent fiscal years (in U.S. $ thousands): Calculate the inventory turnover, days in inventory, and gross profit margin for 2018 and 2017 . (Round inventory turnover and gross profit margin to 1 decimal place, eg. 15.2 or 15.2%. Round days in inventory to nearest day. Use 365 days for calculation.)
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