Question
6. This information is available for Bethel Inc. for the current year. Beginning inventory $ 12,230 Ending inventory 12,520 Cost of goods sold 84,350 Sales
6. This information is available for Bethel Inc. for the current year.
Beginning inventory $ 12,230
Ending inventory 12,520
Cost of goods sold 84,350
Sales 143,250
Instructions Calculate the inventory turnover, days in inventory, and gross profit rate for Bethel Inc. for the current year
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Management And Cost Accounting
Authors: Mike Tayles, Colin Drury
11th Edition
147377361X, 978-1473773615
