Question: Statement Presentation and Analysis of Inventory Do It! 3b: Inventory Turnover Early in 2025, Westmoreland Company switched to a just-in-time inventory system. Its data for

Statement Presentation and Analysis of Inventory

Do It! 3b: Inventory Turnover Early in 2025, Westmoreland Company switched to a just-in-time inventory system. Its data for 2024 and 2025 are shown here: 2024 2025 Sales revenue $2 000,000 $1,800,000 Cost of goods sold 1.000,000 810,000 Beginning inventory 290.000 210,000 Ending inventory 210.000 50,000 Determine the inventory turnover and days in inventory for 2024 and 2025. BIYEE 0 / 10000 Word Limit

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