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Based on this info How many times does Company Z turn its inventory? Account company x company y company z Cost of goods sold (annual)
Based on this info How many times does Company Z turn its inventory?
| Account | company x | company y | company z |
| Cost of goods sold (annual) | $1,980,000 | $4,338,000 | $3,234,000 |
| inventory (average) | $175,000 | $295,000 | $250,500 |
A. 10.4 times
B. 12.9 times
C. 11.7 times
D. 8.6 times
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Advanced Accounting And Auditing Theory And Practice
Authors: Prof. R.B. Patel
1st Edition
8188730882, 978-8188730889
