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 Inventory Turnover Ratio Days to Sell . Beginning Purchases Cost of Goods Ending Inventory Sold Inventory $ 300 $ 1,200 $ 1,200 $ 300 $ 290 $ 2,000 $ 1.800 $ 50 b. 10.0 C. 20.3
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