Inventory Turnover Two companies each recorded $10 million in cost of goods sold for the year. Company

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Inventory Turnover Two companies each recorded $10 million in cost of goods sold for the year. Company A had average inventory of $100,000 on hand during the year. Company B’s average inventory was $1 million. One company is a car dealer, and the other is a wholesaler of fresh fruits and vegetables.

Which company sells cars, and which company sells fruits and vegetables? Explain your answer.

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