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Business, 23.03.2020 19:06 makennskyee1198

At December 31, 2020, the following information was available for Concord Corporation: ending inventory $35,750, beginning inventory $63,500, cost of goods sold $263,000, and sales revenue $376,000.

a. Calculate the inventory turnover for Oakley, Inc. (Round inventory turnover to 2 decimal places, e. g. 5.12.)
b. Calculate the days in inventory for Oakley, Inc. (Round days in inventory to 0 decimal places, e. g. 125.)

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