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Goods Available for Sale Are $350,000;beginning Inventory Is $24,000;ending Inventory

Question 106

Multiple Choice

Goods available for sale are $350,000;beginning inventory is $24,000;ending inventory is $32,000;and cost of goods sold is $275,000.The inventory turnover is:


A) 11.46.
B) 8) 59.
C) 12.50.
D) 9) 82.

Correct Answer:

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