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Cost of Goods Sold Equals $1,000,000,and Average Inventory Equals $400,000

Question 90

Multiple Choice

Cost of goods sold equals $1,000,000,and average inventory equals $400,000.Inventory turnover equals

A) 0.4 times.
B) 2.5 times.
C) 5 times.
D) 146.0 times.

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