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Business, 30.10.2019 06:31 k3wabii

Danube reported the following amounts in its financial statements (in millions): 2015 2014 net sales $ 80,000 $ 67,000 cost of goods sold 65,000 52,000 beginning inventory 6,000 4,300 ending inventory 7,800 6,000 required: determine the inventory turnover ratio and average days to sell inventory for 2015 and 2014. (use 365 days in a year. round your intermediate and final answers to 1 decimal place.)

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