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Proctor Corporation Had Beginning Inventory $100000 Cost of Goods Sold

Question 116

Multiple Choice

Proctor Corporation had beginning inventory $100000 cost of goods sold $750000 and ending inventory $150000. What was Proctor's inventory turnover?

A) 3 times.
B) 6 times.
C) 7.5 times.
D) 5 times.

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