Use the CoCo Roofers Inc. data to compute the following (amounts in millions): a. The rate of

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Use the CoCo Roofers Inc. data to compute the following (amounts in millions):
a. The rate of inventory turnover for 2014.
b. Days' sales in average receivables during 2014. All sales are made on account. Round dollar amounts to three decimal places.
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Accounting

ISBN: 978-0132690089

9th Canadian Edition volume 2

Authors: Charles T. Horngren, Walter T. Harrison Jr., Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood

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