Multiple Choice
Direct Sales, Inc. had cost of goods sold of $420,000, beginning inventory of $67,000, and ending inventory of $81,000. The inventory turnover equals:
A) 5.16
B) 58.2 days
C) 6.27
D) 70.4 days
E) 5.68
Correct Answer:
Verified
Correct Answer:
Verified
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