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$BE6-15(p.293)$

$BE6-15$ Reynold's Company had net sales $of$ $$2,500,000,costof$ goods sold $of$ $$1,150,000,$ and profit $of$

$$500,000in2014.$ The company had a January $1,2014,$ inventory balance $of$ $$132,000$ and a December $31,$

$2014,$ inventory balance $of$ $$143,000.$ Calculate the inventory turnover and days sales $in$ inventory ratios

for $2014,$