Question: Solve for the missing information designated by ? in the following table (Use 365 days in a year. Round the inventory turnover ratio to one
Solve for the missing information designated by "?" in the following table (Use 365 days in a year. Round the inventory turnover ratio to one decimal place before computing days to sell. Round days to sell to one decimal place.) Case Days to Sell Sold Beginning Cost of Goods Ending Inventory Purchases Inventory $ 130 $ 1,4955 1,365 $ 260 $ 2605 2,340 $ 2,340 s 260 $ 1,075 S 150 Inventory Turnover Ratio 7.0 9.0 10.0 b. 521 40.6 36.5 C
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