Bobaflex corporation has ending inventory of 698973 and, Ask an Expert

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Bobaflex Corporation has ending inventory of $698,973 and cost of goods sold for the year just ended was $4,054,513. 1. What is the inventory turnover? 2. What is the days' sales in inventory? 3. How long on average (days on the shelf) did a unit of inventory sit on the shelf before it was sold?

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Financial Management, Finance

Category:- Financial Management
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