Question: 22. Inventory turnover is calculated as follows: a. b. C. d. Net sales Year-end inventory Year-end inventory Net sales Cost of goods sold Average inventory

22. Inventory turnover is calculated as follows:

a. b. C. d. Net sales Year-end inventory Year-end inventory Net sales

a. b. C. d. Net sales Year-end inventory Year-end inventory Net sales Cost of goods sold Average inventory Net sales Average inventory

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