What conclusions can be drawn from these data concerning


The following data were extracted from the income statement of Brecca Systems Inc.:

(a) Determine for each year

(1) The inventory turnover and 

(2) The number of days' sales in inventory. Round to nearest dollar and one decimal place.

(b) What conclusions can be drawn from these data concerning the inventories?  

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Accounting Basics: What conclusions can be drawn from these data concerning
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