Question
A company reports sales of $6,000,000, gross profit of $2,000,000, beginning inventory of $200,000, and ending inventory of $300,000. What is the inventory turnover for
A company reports sales of $6,000,000, gross profit of $2,000,000, beginning inventory of $200,000, and ending inventory of $300,000. What is the inventory turnover for the period?
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Accounting A Smart Approach
Authors: Mary Carey, Jane Towers Clark, Cathy Knowles
1st Edition
0199587418, 978-0199587414
