Question: Excel Online Structured Activity: Inventory Turnover Ratio Suppose that a firm has an ending inventory of $123,000 as of December 31, 2012. The accounting

Excel Online Structured Activity: Inventory Turnover Ratio Suppose that a firm has an ending inventory of $123,000 as of December 31, 2012. The accounting information for 2013 has been collected in the Microsoft Excel Online file below. Open the spreadsheet and perform the required analysis to answer the questions below. X Open spreadsheet Questions 1. What is the monthly inventory turnover ratio for each of the twelve months for 2013? Round your answers to two decimal places. Monthly Inventory Month Turnover Ratio January February March April May June July August September October

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