Giorgio had cost of goods sold of $9,421 million, ending inventory of $2,089 million, and average inventory

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Giorgio 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

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Introduction to Accounting An Integrated Approach

ISBN: 978-0078136603

6th edition

Authors: Penne Ainsworth, Dan Deines

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Posted Date: Oct 18, 2018 01:26 AM

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Giorgio had cost of goods sold of $9,421 million, ending inventory of $2,089 million, and average inventory

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Compute the inventory turnover as shown ... View the full answer

Introduction to Accounting An Integrated Approach

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