Braylon is the accountant at full grain wood flooring. Full grain had gross profits of $500,00 sales
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Braylon is the accountant at full grain wood flooring. Full grain had gross profits of $500,00 sales returns and allowances of $50,000, and cost of goods sold of $300,000. Full grants average value of its inventory is $75,000. What is the inventory turnover ratio for the company?
Related Book For
Fundamentals of Financial Accounting
ISBN: 978-0078025914
5th edition
Authors: Fred Phillips, Robert Libby, Patricia Libby
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