Business, 25.10.2019 04:43 levelebeasley1

Exercise 6-12 a the following information is available for bridgeport corp. for three recent fiscal years. 2022 2021 2020 inventory $550,000 $566,000 $346,000 net sales 1,860,000 1,800,000 1,365,000 cost of goods sold 1,116,000 957,600 948,000 (a) calculate the inventory turnover, days in inventory, and gross profit rate for 2022 and 2021. (round inventory turnover to 1 decimal place, e. g. 5.2, days in inventory to 0 decimal places, e. g. 125 and gross profit rate to 1 decimal place, e. g. 5.2%.)

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Exercise 6-12 a the following information is available for bridgeport corp. for three recent fiscal...

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