Question

The following information was available for the year ended December 31, 2013


Required:
a. Calculate the inventory turnover for 2013.
b. Calculate the number of days’ sales in inventory for 2013, using year-end inventories.
c. Calculate the accounts receivable turnover for 2013.
d. Calculate the number of days’ sales in accounts receivable for 2013, using year-end accountsreceivable.


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  • CreatedOctober 05, 2013
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