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Assume the following data for Tardis Company: Net credit sales Cost of goods sold Net accounts receivable Inventory 2020 $370,000 150.000 30,000 43,000 2019 $333,000
Assume the following data for Tardis Company: Net credit sales Cost of goods sold Net accounts receivable Inventory 2020 $370,000 150.000 30,000 43,000 2019 $333,000 160,000 25,000 40,000 What is the inventory turnover rate? 2.76 times 4.89 tunes 3.61 times 5.14 times
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