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Alamo company has sales cost of goods sold and average

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Alamo Company has sales, cost of goods sold, and average ending inventory for the current year in the following amounts: $650,000, $500,000, and $128,000, respectively.

1.Calculate the amount of the company's inventory turnover for the year. (Round your answer to 2 decimal places.)

What is the inventory turnover?

2.What is the company's average number of days to sell inventory?

What is the average number of days?

Reference no: EM13589667

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