The records of Alberta Inc. included the following information: Cost of goods sold $2,500,000 Beginning inventory...

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The records of Alberta Inc. included the following information: Cost of goods sold $2,500,000 Beginning inventory Ending inventory 505,000 605,000 What is the inventory turnover ratio? (Round your answer to two decimal places.) The records of Alberta Inc. included the following information: Cost of goods sold $2,500,000 Beginning inventory Ending inventory 505,000 605,000 What is the inventory turnover ratio? (Round your answer to two decimal places.)

Answer rating: 100% (QA)

Answer Inventory Turnover Ratio Cost of Goods Sold Ave... View the full answer