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Question 6 The financial statements of ConAgra Foods, Inc.'s 2014 annual report disclose the following information. (in millions) 2014 2013 2012...

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Question 6The financial statements of ConAgra Foods, Inc.’s 2014 annual report disclose the following information. (in millions) 2014 2013 2012Year-end inventories $2,201 $2,077 $2,341Fiscal Year2014 2013Net sales $17,703 $15,427Cost of goods sold 13,980 11,864Net income 315 786 Compute ConAgra’s (a) inventory turnover and (b) the average days to sell inventory for 2014 and 2013. (Round inventory turnover to 1 decimal placand average days to sell inventory to 0 decimal places, e.g. 65.) 2014 2013 (a) Inventory turnover times times (b) Average days to sell inventory days days Click if you would like to Show Work for this question: Qpen Show Work
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