Question
10. The following information is available for Marigold Company at December 31, 2018: beginning inventory $74000; ending inventory $126000; cost of goods sold $600000; and
10.
The following information is available for Marigold Company at December 31, 2018: beginning inventory $74000; ending inventory $126000; cost of goods sold $600000; and sales $1670000. Marigold's inventory turnover in 2018 is
16.7 times.
8.2 times.
4.7 times.
6.0 times.
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Horngrens Financial And Managerial Accounting The Financial Chapters
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
6th Edition
978-0134486840, 134486838, 134486854, 134486846, 9780134486833, 978-0134486857
