Suppose the Robinson Company had a cost of goods sold of $1,000,000 in 2013 and $1,200,000 in

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Suppose the Robinson Company had a cost of goods sold of $1,000,000 in 2013 and $1,200,000 in 2014.
a. Calculate the inventory turnover for each year. Comment on your findings.
b. What would have been the amount of inventories in 2014 if the 2013 turnover ratio had been maintained?
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