Question: 4. Inventory Turnover Shown below are financial data from Tree Corporation's accounting records: 2012 Sales Revenue Cost of Goods Sold Beginning Inventory Ending Inventory 3,500,000

4. Inventory Turnover Shown below are financial data from Tree Corporation's

4. Inventory Turnover Shown below are financial data from Tree Corporation's accounting records: 2012 Sales Revenue Cost of Goods Sold Beginning Inventory Ending Inventory 3,500,000 2,000,000 400,000 200,000 Required: Calculate the inventory turnover and days' sales in inventory for 2012 ANSWER: Inventory Tumover ANSWER: Days' Sales in Inventory

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