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Analyze and compare Monster Beverage and Brown-Forman Monster Beverage Corporation (MNST) develops, markets, and sells energy and other alternative beverage brands. Brown- Forman Corporation (BF.B) manufactures and sells a wide variety of spirit and wine beverages, such as Jack Daniel's . The cost of goods sold and inventory were obtained from a recent annual report for both companies as follows (in millions): a. Determine the inventory turnover for both companies. If required, round all computations to one decimal place and use in subsequent calculions. Rounc final answers to one decimal place. b. Determine the days' sales in inventory for both companies. Assume a 365 -day year. If required, round all computations to one decimal place and use in subsequent calculations. Round final answers to one decimal place..

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Analyze and compare Monster Beverage and Brown-Forman Monster Beverage Corporation (MNST) develops, markets, and sells energy and other alternative beverage brands. Brown- Forman Corporation (BF.B) manufactures and sells a wide variety of spirit and wine beverages, such as Jack Daniel's . The cost of goods sold and inventory were obtained from a recent annual report for both companies as follows (in millions): a. Determine the inventory turnover for both companies. If required, round all computations to one decimal place and use in subsequent calculions. Rounc final answers to one decimal place. b. Determine the days' sales in inventory for both companies. Assume a 365 -day year. If required, round all computations to one decimal place and use in subsequent calculations. Round final answers to one decimal place.

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  • 1. Analyze and compare Monster Beverage and Brown-Forman Monster Beverage Corporation (MNST) develops, markets, and sells energy and other alternative beverage brands. Brown- Forman Corporation (BF.B) manufactures and sells a wide variety of spirit and wine beverages, such as Jack Daniel's . The cost of goods sold and inventory were obtained from a recent annual report for both companies as follows (in millions): a. Determine the inventory turnover for both companies. If required, round all computations to one decimal place and use in subsequent calculions. Rounc final answers to one decimal place. b. Determine the days' sales in inventory for both companies. Assume a 365 -day year. If required, round all computations to one decimal place and use in subsequent calculations. Round final answers to one decimal place.