A company reported the following data: Year 1 Year 2 Cost of goods sold $425,000 $486,000 Ending inventory 140,000 175,000
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A company reported the following data:
|Year 1||Year 2|
|Cost of goods sold||$425,000||$486,000|
1. Calculate the days' sales in inventory for each year.
2. Comment on the trend in inventory management.
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Posted Date: June 23, 2022 04:45:58