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19. At January 1, 2020, Britannica Inc. reported inventory of 425,000. At December 31. 2020, the inventory on hand was 501,000. If cost of
19. At January 1, 2020, Britannica Inc. reported inventory of 425,000. At December 31. 2020, the inventory on hand was 501,000. If cost of goods sold for 2020 was 4,164,062, What is the inventory turnover for the year? a. 4.5 times. b. 8.3 times. c. 9.0 times. d. 9.8 times.
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Human Resource Management
Authors: Jean M. Phillips, Stanley M. Gully
1st edition
1111533555, 978-1111533557
