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At December 31, 2018, the following information was available for Deen Company: ending inventory $22,600; beginning inventory $21,400; cost of goods sold $171,000; and sales revenue $430,000.
Calculate the inventory turnover and days in inventory for Deen.
Company Cultures
The shared values, beliefs, behaviors, and practices that shape the social and psychological environment of a business organization.
Maquiladoras
Manufacturing operations in Mexico, where factories import material and equipment on a duty-free and tariff-free basis for assembly or manufacturing and then export the assembled product.
Economic Landscape
The dynamic and overall picture of economic activity, trends, and conditions within a specific region or globally.
Tissue Representation
An analytical or visual depiction of the arrangement and composition of cells and extracellular matrix in a specific kind of tissue.
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