Question: The following information is provided for three different companies: A, B, and C: Required Calculate the inventory turnover ratio and days in inventory ratio for

The following information is provided for three different companies: A, B, and C:

The following information is provided for three different companies: A,

Required
Calculate the inventory turnover ratio and days in inventory ratio for each company. How do the companies compare?

in millions Beginning inventory Ending inventory Cost of goods sold Sales $569 774 989 214 1,232 2,232 ,836 3,025 356 1,771 423 1,376

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