Multiple Choice
In 2020 Borger Industries had beginning inventory of $106,000,purchases of $1,126,500,ending inventory of $116,000,accounts payable of $49,605,and sales of $2,147,250.Inventory turnover for 2017 was closest to
A) 9.625.
B) 10.06.
C) 10.15.
D) 10.53.
Correct Answer:
Verified
Correct Answer:
Verified
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