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    Intermediate Accounting Study Set 9
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    Exam 9: Inventories: Additional Valuation Issues
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    The Inventory Turnover Ratio Is Computed by Dividing the Cost
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The Inventory Turnover Ratio Is Computed by Dividing the Cost

Question 71

Question 71

True/False

The inventory turnover ratio is computed by dividing the cost of goods sold by the ending inventory on hand.

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