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Breffer Company had the following records: 2012 2011 2010 Ending inventory $34,580 $27,650 30,490 Cost of Goods Sold 273,000 255,250 261,300 What is Breffer's inventory
Breffer Company had the following records:
2012 2011 2010 Ending inventory $34,580 $27,650 30,490 Cost of Goods Sold 273,000 255,250 261,300 What is Breffer's inventory turnover ratio for 2011? (rounded)
a, 9.0 times b. 8.8 times c. 4.4 times d. 8.9 times
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