Golden Corporation has ending inventory of $423,500, and cost of goods sold for the year just ended

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Golden Corporation has ending inventory of $423,500, and cost of goods sold for the year just ended was $2,365,450. What is the inventory turnover? The days’ sales in inventory? How long on average did a unit of inventory sit on the shelf before it was sold?

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Fundamentals Of Corporate Finance

ISBN: 9780072553079

6th Edition

Authors: Stephen A. Ross, Randolph Westerfield, Bradford D. Jordan

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