Question: Based on the following data for the current year, what is the inventory turnover? Sales on account during year $559,430 Cost of goods sold
Based on the following data for the current year, what is the inventory turnover? Sales on account during year $559,430 Cost of goods sold during year 189,057 40,150 46,148 32,521 36,609 Accounts receivable, beginning of year Accounts receivable, end of year Inventory, beginning of year Inventory, end of year
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