Brief Exercise 6-09 a-b (Part Level Submission) At December 31, 2020, the following information was available...
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Brief Exercise 6-09 a-b (Part Level Submission) At December 31, 2020, the following information was available for Cheyenne Corp.: ending inventory $39,250, beginning inventory $56,500, cost of goods sold $277,000, and sales revenue $362,000. - (a) Calculate inventory turnover for Cheyenne Corp.. (Round answer to 1 decimal place, e.g. 1.5.) Inventory turnover times Brief Exercise 6-09 a-b (Part Level Submission) At December 31, 2020, the following information was available for Cheyenne Corp.: ending inventory $39,250, beginning inventory $56,500, cost of goods sold $277,000, and sales revenue $362,000. - (a) Calculate inventory turnover for Cheyenne Corp.. (Round answer to 1 decimal place, e.g. 1.5.) Inventory turnover times
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Accounting Principles
ISBN: 978-1119411482
13th edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
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