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Alpha Company Had $45,000 in Beginning Inventory and $80,000 in Ending

Question 74

Multiple Choice

Alpha Company had $45,000 in beginning inventory and $80,000 in ending inventory. Cost of goods sold for the period was $25,000. The inventory turnover is:


A) 0.56.
B) 0.3125.
C) 0.4.
D) 4.0.

Correct Answer:

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