Calculate the average days in inventory

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Reference no: EM133926331

Use the following information:

Net sales $ 215,000
Cost of goods sold 152,000
Beginning inventory 48,000
Ending inventory 38,000

Question 1: Calculate the inventory turnover ratio. Get expert-level assistance in any subject with our assignment help services.

Question 2: Calculate the average days in inventory.

Question 3: Calculate the gross profit ratio.

Reference no: EM133926331

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