Question: The following data are available for 2012, regarding the inventory of two companies. Compute inventory turnover (round to the nearest hundredth) and number of days'

The following data are available for 2012, regarding the inventory of two companies.

Compute inventory turnover (round to the nearest hundredth) and number of days' sales in inventory (round to the nearest tenth) for both companies. Which company is managing its inventory moreefficiently?

Atkins Burbank Electronics Computers Beginning inventory. Ending inventory Cost of goods sold $ 100,000 $ 50,000 750,000 1,000,000

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