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3. If average inventory is $12,000, food sales are $90,000, and cost of food sold is $36,000, then inventory turnover rate is: a. 2.5 b.
3. If average inventory is $12,000, food sales are $90,000, and cost of food sold is $36,000, then inventory turnover rate is: a. 2.5 b. 3.0 c. 7.5
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Financial Accounting An Introduction to Concepts, Methods and Uses
Authors: Roman L. Weil, Katherine Schipper, Jennifer Francis
14th edition
978-1111823450, 1-133-36617-1 , 1111823456, 978-1-133-3661, 978-1133591023
