Question
A company had gross profit of $98,820 on net sales of $148,230. If ending inventory was $6,120 and average inventory was $6,100, what is the
A company had gross profit of $98,820 on net sales of $148,230. If ending inventory was $6,120 and average inventory was $6,100, what is the company's inventory turnover? A 24.30 B 16.20 C 8.1 D 8.07 E 16.15
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Expert Systems In Auditing
Authors: J C Van Dijk, Paul Williams, Michael P. Cangemi
1st Edition
1349124761, 978-1349124763
