Multiple Choice
The following information pertains to Blue Flower Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. What is the inventory turnover for this company?
A) 2.6 times
B) 4.6 times
C) 5.3 times
D) 0.38 time
Correct Answer:

Verified
Correct Answer:
Verified
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