How long on average did a unit of inventory sit on the shelf
Question # 00767353
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Updated on: 06/25/2020 09:36 AM Due on: 07/05/2020
Bobaflex Corporation has ending inventory of $684,273 and cost of goods sold for the year just ended was $4,358,722.
What is the inventory turnover?
What is the days' sales in inventory?
How long on average did a unit of inventory sit on the shelf before it was sold?
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