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

Question 103

Multiple Choice

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


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

Correct Answer:

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