This information is available for Flint Inc. for the current year.
Beginning inventory
$10,77...
Mathematics, 19.03.2021 14:00 brianamarialove15
This information is available for Flint Inc. for the current year.
Beginning inventory
$10,770
Ending inventory
13,390
Cost of goods sold
84,560
Sales 141,300
Calculate the inventory turnover, days in inventory, and gross profit rate for Flint Inc. for the current year. (Round gross profit rate to 2 decimal places, e. g. 0.25 and other answers to 1 decimal place, e. g. 15.2. Use 365 days for calculation.)
Inventory turnover enter inventory turnover in times times
Days in inventory enter days in inventory days
Gross profit rate enter days in inventory
Answers: 1
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