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Below is an extract of Best Windows' financial statements: Cost of goods sold Inventory 2022 2021 2020 $2,345,986 $1,675,987 $1,450,652 765,243 876,231 963,523 Calculate Best

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Below is an extract of Best Windows' financial statements: Cost of goods sold Inventory 2022 2021 2020 $2,345,986 $1,675,987 $1,450,652 765,243 876,231 963,523 Calculate Best Windows's inventory turnover for 2022. 3.50 times 2.86 times 3.86 times O 1.82 times Current Attempt in Progress A company has the following account balances: Sales $3,000,000 and Cost of Goods Sold $1,850,000. The company's gross profit margin is 38%. 29% 46% 71% On July 10, Sunland Inc purchased $4700 of inventory on terms of 1/10,n30. The amount due on August 25 is QL Mu M 54690 54653 $4747 $4700, Concord Corporation purchased inventory with an invoice price of $21300 and credit terms of 3/10, n/15. How much cash will Concord pay if they pay within the discount period? $20661 $18105 O $21300 521939 The entry to record a sale of $600 with an estimated return rate of 6% will include a O debit to Sales for $36. credit to Accounts Receivable for $564. O debit to Refund Liability for for $36. O credit to Sales for $564 D&B Sounds Inc. has accumulated the following cost and net realizable value (NRV) data on March 31: Stereos Radios DVDs Cost Data $ 48,000 36,000 56,000 $140,000 NRV Data $ 40,000 38,000 51,000 $130,000 Using the lower of cost and NRV, calculate the LCNRV of the ending inventory. $120,000 $127.800 $140,000 $130,000 Below is an extract of Best Windows' financial statements: Cost of goods sold Inventory 2022 2021 2020 $2,345,986 $1,675,987 $1,450,652 765,243 876,231 963,523 Calculate Best Windows's inventory turnover for 2022 3.50 times O 2.86 times . 3.86 times 1.82 times

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