Question: Based on the following data for the current year, what is the inventory turnover? Do not round interim calculations. Round your final answer to one
Based on the following data for the current year, what is the inventory turnover? Do not round interim calculations. Round your final answer to one decimal
place.
Sales on account during year
Cost of goods sold during year
$
Accounts receivable, beginning of year
Accounts receivable, end of year
Inventory, beginning of year
Inventory, end of year
a
b
c
d
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