The financial statements of AB InBevs (BEL) 2012 annual report disclosed the following information. Instructions Compute AB

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The financial statements of AB InBev’s (BEL) 2012 annual report disclosed the following information.

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Instructions Compute AB InBev’s

(a) inventory turnover and

(b) average days to sell inventory for 2012.

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Intermediate Accounting IFRS Edition

ISBN: 9781118443965

2nd Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield

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Question Posted: Mar 23, 2024 08:00 AM

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The financial statements of AB InBevs (BEL) 2012 annual report disclosed the following information. Instructions Compute AB

Question:

(in millions) Inventories Sales Cost of sales Net income 31 December 2012 31 December 2011 $2,500 $2,466 Fiscal Year 2012 2011 $39,758 $39,046 16,447 9,434 16,634 7,959

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Intermediate Accounting IFRS Edition

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