Question: Endor Company begins the year with $150,000 of goods in inventory. At year-end, the amount inventory has increased to $180,000. Cost of goods sold for
Endor Company begins the year with $150,000 of goods in inventory. At year-end, the amount inventory has increased to $180,000. Cost of goods sold for the year is $1,200,000. Compute Edidor's inventory turnover and days' sales in inventory. Assume that there are 365 days in the year
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