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Business, 30.06.2020 18:01 leo4687

Use the following information for Shafer Company to compute inventory turnover for year 2. Year 2 Year 1
Net sales $651,500 $583,700
Cost of goods sold 389,300 360,920
Ending inventory 78,500 80,180
a. 8.28
b. 4.89
c. 4.04
d. 7.25
e. 5.89

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Use the following information for Shafer Company to compute inventory turnover for year 2. Year 2 Y...
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