Bacon Applied Technologies (BAT) Companys merchandise inventories and other selected amounts for Year 2 follow: Sales $3,000,000
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Question:
Bacon Applied Technologies (BAT) Company’s merchandise inventories and other selected amounts for Year 2 follow:
Sales $3,000,000
Cost of Goods Sold 2,200,000
Merchandise Inventory:
Beginning of Year 500,000 E
nd of Year 600,000
How many times did the merchandise inventory turn over during Year 2?
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