Solved: At december 31 2019 the following information was available, Accounting Basics

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At december 31 2019 the following information was available

Question - At December 31, 2019, the following information was available for Marigold Corp.: ending inventory $35,500, beginning inventory $64,000, cost of goods sold $262,000, and sales revenue $377,000.

Calculate inventory turnover for Marigold Corp.

Calculate days in inventory for Marigold Corp.

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Accounting Basics: At december 31 2019 the following information was available

Reference No:- TGS02488086

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Accounting Basics: At december 31 2019 the following information was available

Reference No:- TGS02488086

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