Question: 2. The inventory and sales data for this year for G. Rabbit Company are as follows: End of Year $3,150,000 180,000 480,000 2,250,000 Beginning of

 2. The inventory and sales data for this year for G.

2. The inventory and sales data for this year for G. Rabbit Company are as follows: End of Year $3,150,000 180,000 480,000 2,250,000 Beginning of Year Net sales Gross receivables Inventory Cost of goods sold $160,000 390,000 Required Using the above data from G. Rabbit Company, compute the following: a. The accounts receivable turnover in days b The inventory turnover in days c. The operating cycle a. b. C

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