Question: The following data are available for 2009, regarding the inventory of two companies: Compute inventory turnover and number of days' sales in inventory for both
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Compute inventory turnover and number of days' sales in inventory for both companies. Which company is handling its inventory more efficiently?
Atkins Computers Burbank Electronics Beginning inventory. Ending inventory Cost of goods sold $40,000 48,000 690,000 $80,000 95,000 910,000
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