Multiple Choice
Last year Dunn Company purchased $1,920,000 of inventory.The cost of goods sold was $1,800,000 and the ending inventory was $360,000.What was the inventory turnover?
A) 5.0 times.
B) 5.3 times.
C) 6.0 times.
D) 6.4 times.
Correct Answer:
Verified
Correct Answer:
Verified
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