Multiple Choice
Goods available for sale are $43,000; beginning inventory is $15,000; ending inventory is $19,000; and cost of goods sold is $47,000. The inventory turnover is: (Round your final answer two decimal places, X.XX)
A) 2.53.
B) 2.76.
C) 2.47.
D) 2.26.
Correct Answer:
Verified
Correct Answer:
Verified
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