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If at the End of the Year, the Cost of Revenue

Question 8

Multiple Choice

If at the end of the year, the cost of revenue = $2,500, total revenue = $12,000 and inventory value = $2,000, the inventory turnover ratio would be:

A) 0.208
B) 0.375
C) 2.667
D) 0.800
E) 1.250

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