Question: Financial statement data at December 3 1 for Alpine Company are as follows: Cost of goods sold $ 1 , 1 0 0 , 0

Financial statement data at December 31 for Alpine Company are as follows:
Cost of goods sold
$1,100,000
Inventories:
Begimning of year
400,000
End of year
330,000
Determine inventory turnover for the year.
a.3.0
b.1.5
c.3.3
d.2.8
 Financial statement data at December 31 for Alpine Company are as

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