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The Following Information Is Available for Milford Spencer Limited for the 20X7

Question 28

Multiple Choice

The following information is available for Milford Spencer Limited for the 20X7 financial year: The following information is available for Milford Spencer Limited for the 20X7 financial year: How many times, on average, has inventory turned over in the year (to one decimal place) ? A) 8.3 times B) 7.7 times C) 9.8 times D) 7.2 times How many times, on average, has inventory turned over in the year (to one decimal place) ?


A) 8.3 times
B) 7.7 times
C) 9.8 times
D) 7.2 times

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