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    Cornerstones of Financial Accounting Study Set 3
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    Exam 6: Cost Of Goods Sold and Inventory
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    Match the Terms with the Descriptions Provided
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Match the Terms with the Descriptions Provided

Question 102

Question 102

Multiple Choice

Match the terms with the descriptions provided.
-Term referring to transportation costs paid by the seller.


A) Average days to sell inventory
B) Gross margin
C) Gross profit ratio
D) Inventory turnover ratio
E) Freight-in
F) Freight-out

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