Multiple Choice
Tops had cost of goods sold of $9,421 million, ending inventory of $2,089 million, and average inventory of $1,965 million. Its inventory turnover equals:
A) 0.21.
B) 4.51.
C) 4.79.
D) 76.1 days.
E) 80.9 days.
Correct Answer:
Verified
Correct Answer:
Verified
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