Refer to Practices 23-1 and 23-3. Compute the following ratios for Year 2 and Year 3 for
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1. Inventory turnover
2. Number of days’ sales in inventory
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Related Book For
Intermediate Accounting
ISBN: 978-0324592375
17th Edition
Authors: James D. Stice, Earl K. Stice, Fred Skousen
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