Multiple Choice
"Toys 4 U" had cost of goods sold in 2012 of $8,191 million and $7,710 million in 2011.Their merchandise inventory in 2012 was $1,902 million and $2,464 million in 2011.What was their inventory turnover in 2012?
A) 3.64
B) 3.53
C) 4.31
D) 3.75
Correct Answer:
Verified
Correct Answer:
Verified
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