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    Association Of international Certified Professional Accountants (AICPA)
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    Exam 1: CPA Auditing and Attestation Exam
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    Selected Data Pertaining to Lore Co
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Selected Data Pertaining to Lore Co

Question 98

Question 98

Multiple Choice

Selected data pertaining to Lore Co. for the calendar year 20X4 is as follows: Selected data pertaining to Lore Co. for the calendar year 20X4 is as follows:   What was the inventory turnover for 20X4? A)  1.2 times. B)  1.5 times. C)  2.0 times. D)  3.0 times. What was the inventory turnover for 20X4?


A) 1.2 times.
B) 1.5 times.
C) 2.0 times.
D) 3.0 times.

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