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(Solved by Expert Tutors) The Green Corporation has ending inventory of $485,065, ans cost of


goods sold for the year just ended was $4,462,598.


a. What is the inventory turnover?
? ? ? Inventory turnover:
b. What is the day's sales in inventory? (use 365 days a year)
? ? ? Day's sales in inventory:
c. How long on average did a unit of inventory sit on the shelf before it was sold? (use 365 days a year)
? ? ? Days on shelf in inventory:

 


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DATE ANSWERED

Apr 19, 2020

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