Business, 26.02.2020 04:15, cathydaves

Use the following information for Shafer Company to compute inventory turnover for year 2.

Year 2 Year 1

Net sales $ 652,000 $ 583,800

Cost of goods sold 389,400 360,930

Ending inventory 78,600 80,280

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Use the following information for Shafer Company to compute inventory turnover for year 2.