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9- Case Study: Merchandising Financial Statement Analysis LEARNING OBJECTIVE: Calculate the period-based Inventory turnover for a merchandising financial statement analysis BOOO During the past six

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9- Case Study: Merchandising Financial Statement Analysis LEARNING OBJECTIVE: Calculate the period-based Inventory turnover for a merchandising financial statement analysis BOOO During the past six months, Roberta sold goods costing $35,500, her expenses totaled $2,500 and her freight in totaled $750. Her company's average stock of goods during the same period was $9,500. The inventory turnover ratio for Roberta's company is al 355 The inventory turnover ratio for Roberta's company is O a.) 3.55 b.) 3.47 OC.) 3.74 O d.) 3.39

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