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    Financial Accounting Information for Decisions Study Set 2
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    Exam 5: Reporting and Analyzing Inventories
  5. Question
    Toys "R" Us Had Cost of Goods Sold of $9,421
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Toys "R" Us Had Cost of Goods Sold of $9,421

Question 113

Question 113

Multiple Choice

Toys "R" Us had cost of goods sold of $9,421 million, ending inventory of $2,089 million, and average inventory of $1,965 million. The inventory turnover equals:


A) 0.21
B) 4.51
C) 4.79
D) 76.1 days
E) 80.9 days

Correct Answer:

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