(Answered) 1 in its 2007 annual report wal-mart reported inventory of

Accounting

1. In its 2007 annual report, Wal-Mart reported inventory of $33,685 million on January 31, 2007, and $31,910 million on January 31, 2006, cost of sales of $264,152 million for fiscal year 2007, and net sales of $344,992 million. Compute Wal-Mart's inventory turnover and the average days to sell inventory for the fiscal year 2007.

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