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Business, 13.08.2020 17:01 jass624

Endor Company begins the year with $110,000 of goods in inventory. At year-end, the amount in inventory has increased to $118,000. Cost of goods sold for the year is $1,300,000. Compute Endor’s inventory turnover and days’ sales in inventory. Assume that there are 365 days in the year

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Endor Company begins the year with $110,000 of goods in inventory. At year-end, the amount in invent...
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