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At December 31, 2010, the following information was available for J. Graff Company: ending inventory $52,130, beginning inventory $61,050, cost of goods sold $295,030, and sales revenue $396,280. Calculate inventory turnover and days in inventory for J. Graff Company. (Round answers to 1 decimal place, e.g. 10.5.)

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9974946

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