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    Operations and Supply Chain Management Study Set 7
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    Exam 16: Global Sourcing and Procurement
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    If the Average Aggregate Inventory Value Is $1,200,000 and the Cost
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If the Average Aggregate Inventory Value Is $1,200,000 and the Cost

Question 17

Question 17

Multiple Choice

If the average aggregate inventory value is $1,200,000 and the cost of goods sold is $600,000, which of the following is inventory turnover?


A) 60
B) 10.4
C) 2
D) 0.5
E) None of these choices are correct

Correct Answer:

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