Question: Please answer 5 and 6. 290,000. The Problem 5: Golden Egg Corporation has ending inventory for the year CY of $ Cost of goods sold
Please answer 5 and 6.
290,000. The Problem 5: Golden Egg Corporation has ending inventory for the year CY of $ Cost of goods sold for the year CY are $ 3,100,000. 5a. The Inventory Turnover for Golden Egg Corporation is _times. 5a. Points: 5 _days. 5b. The days' sales in inventory is 5b. Points: 5 Problem 6: Paul's Power Tools, Inc. had a Debt ratio of 44.00%. 6a. The debt-to-equity ratio for Paul's Power Tools is 14_times. 6a. Points: 5 6b. The equity multiplier for Paul's Power Tools is 546 _times. 6b. Points: 5
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