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Based on the Following Information, Compute

question 71

Essay

Based on the following information, compute
(a) inventory turnover
(b) average daily cost of merchandise sold using a 365-day year and
(c) days' sales in inventory.?Cost of merchandise sold $195,640Inventory:Beginning 20,500Ending 18,628


Definitions:

Claustrophobia

An anxiety disorder characterized by an irrational fear of being in enclosed or narrow spaces.

Psychosomatic

Pertaining to or involving both mind and body; usually refers to physical illnesses or symptoms that are influenced by emotional or mental factors.

Somatic

Relating to or affecting the body, especially as distinct from the mind or emotions.

Somatoform

Disorders characterized by physical symptoms that suggest a medical condition, but are not fully explained by a medical condition, substance use, or another mental disorder.

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