Szabo Company had an average inventory of $280,000 and a cost of goods sold of $1,250,000. Required

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Szabo Company had an average inventory of $280,000 and a cost of goods sold of $1,250,000.

Required

Compute the following:

a. The inventory turnover in days

b. The inventory turnover

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Financial Reporting and Analysis Using Financial Accounting Information

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Authors: Charles H Gibson

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Question Posted: Jun 22, 2012 09:20 AM

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Szabo Company had an average inventory of $280,000 and a cost of goods sold of $1,250,000. Required

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Financial Reporting and Analysis Using Financial Accounting Information

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