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6 points The 2020 financial statements of ABC Company reported a beginning inventory of $200,000, and ending inventory of $240,000, and cost of goods
6 points The 2020 financial statements of ABC Company reported a beginning inventory of $200,000, and ending inventory of $240,000, and cost of goods sold of $820,000 for the year. ABC's inventory turnover for 2020 is: 4.10 times 3.73 times 3.42 times 4.33 times 6 points The 2020 financial statements of ABC Company reported a beginning inventory of $200,000, and ending inventory of $240,000, and cost of goods sold of $820,000 for the year. ABC's Average Days to Sell its inventory in 2020 is: 89.02 days 84.29 days 97.93 days 106.72 days 16 points Walmart follows the practice of pricing its inventory at the lower-of-cost-or-market, on an individual item basis. * Item Quantity Cost per Unit Cost to Replace No Estimated Selling Price Cost of Completion Normal Profit B1 2,000 3.94 3.69 5.54 0.43 1.23 B2 1300 3.321 3.22 4.31 0.62 0.62 83 1,500 4.45 4.55 6.15 10.49 1.23 B4 1,400 4.43 3.81 3.94 0.31 1.11 85 1450 277 2.46 4.00 0.98 0.74 B6 2,200 3.22 3.88 4.67 0.49 0.62 87 3.400 221 197 3.08 0.92 0.62 82 1,300 5.78 6.40 7.38 0.62 1.23 From the information above, the amount of Walmart's Inventory is: S choose your answer...
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