Question: Analysis LEARNING OBJECTIVE: Calculate the period-based inventory turnover for a merchandising financial statement analysis. OOOD During the year that ended December 31, Clarissa sold goods

Analysis LEARNING OBJECTIVE: Calculate the period-based inventory turnover for a merchandising

financial statement analysis. OOOD During the year that ended December 31, Clarissa

Analysis LEARNING OBJECTIVE: Calculate the period-based inventory turnover for a merchandising financial statement analysis. OOOD During the year that ended December 31, Clarissa sold goods that cost $67,800, her expenses totaled $8,125 and her freight-in totaled $4,800. Her company's average stock of goods during the same period was $13,432. Clarissa's company's inventory turnover ratio is

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