Hulus Hybrids has the following information for the years ending January 31 2010 and 2009: Requirements 1.
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Hulu’s Hybrids has the following information for the years ending January 31 2010 and 2009:
Requirements 1. Compute the rate of inventory turnover for Hulu’s Hybrids for the years ended January 31, 2010 and 2009. Round the result to two decimal places.
2. What is a likely cause for the change in the rate of inventory turnover from 2009 to 2010?
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