Emma Louise Company had net sales of $2,225,500,000 and cost of goods sold of $1,557,850,000. Emma..

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Emma Louise Company had net sales of $2,225,500,000 and cost of goods sold of $1,557,850,000. Emma had the following balances: Required: Round answers to two decimal places. 1. Calculate the average inventory. 2. Calculate the inventory turnover ratio. 3. Calculate the inventory turnover indays.

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