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Business, 03.09.2021 23:10 rjmarin592ovzbn9

Compute the inventory​ turnover, days' sales in​ inventory, and gross profit percentage for ​'s Companies for . Compute the inventory turnover. ​(Round your answer to two decimal​ places, X. XX.) The inventory turnover = Cost of goods sold ÷ Average merchandise inventory = 2.54 times. Compute the​ days' sales in inventory. ​(Round interim calculations to two decimal​ places, X. XX and round your final answer to the nearest whole​ day.) The days' sales in inventory = 365 days ÷ Inventory turnover = 144 days. Compute the gross profit percentage. ​(Round your answer to the nearest tenth of a​ percent, X. X.%) The gross profit percentage

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Compute the inventory​ turnover, days' sales in​ inventory, and gross profit percentage for ​'s Comp...
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