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    Foundations of Business
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    Exam 15: Using Management and Accounting Information
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    ​What Is the Average Inventory of a Business That Turns
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​What Is the Average Inventory of a Business That Turns

Question 51

Question 51

Multiple Choice

​What is the average inventory of a business that turns over inventory 10.0 times a year and has a cost of goods sold of $300,000?


A) ​$30,000
B) ​$300,010
C) ​$ 3,000,000
D) ​$ 3,000

Correct Answer:

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