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Giorgio Had Cost of Goods Sold of $9,421 Million,ending Inventory

Question 22

Multiple Choice

Giorgio had cost of goods sold of $9,421 million,ending inventory of $2,089 million,and average inventory of $1,965 million.Its inventory turnover equals:


A) 0.21.
B) 4.51.
C) 4.79.
D) 76.1 days.
E) 80.9 days.

Correct Answer:

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