Income statements for Eldermon Sales Company follow. Analyze the inventory position at the end of each year
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2013 2012 2011 Sakn $1:SJXX) $100,00() $ni(XX) Cost of goods sold: 05,000 80,000 80,000 85,000 $135,000 $105,000 $90,000 45,000 $90,000 :Ki,000 30,000 $75,000 串꼇i,000 $65,000 atKilì pmiit . . $10,000
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2013 2012 2011 Gross profit percentage 28 25 13 Inventory turnoveraverage inventory 24 27 43 Number ...View the full answer
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