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Use the Following Information for Davis Company to Compute Inventory

question 202

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Use the following information for Davis Company to compute inventory turnover for Year 2.  Year 2  Year 1  Cost of goods sold 279,500291.800 Ending inventory 47.70049.350\begin{array} { | l | r | r | } \hline & \text { Year 2 } & \text { Year 1 } \\\hline \text { Cost of goods sold } & 279,500 & 291.800 \\\hline \text { Ending inventory } & 47.700 & 49.350 \\\hline\end{array}


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