sydc1215
sydc1215
20.03.2020 • 
Business

The following information is available for Bramble Corp. for three recent fiscal years. 2017 2016 2015 Inventory $553,122 $570,703 $332,587 Net sales 1,968,924 1,728,320 1,314,508 Cost of goods sold 1,581,763 1,262,622 935,219 Calculate the inventory turnover, days in inventory, and gross profit rate for 2017 and 2016

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