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Calculate the average inventory (in $) and inventory turnover ratio for the given company. (Round the inventory turnover ratio to one decimal place.) Company Beginning
Calculate the average inventory (in $) and inventory turnover ratio for the given company. (Round the inventory turnover ratio to one decimal place.)
| Company | Beginning Inventory | Ending Inventory | Average Inventory | Cost of Goods Sold | Inventory Turnover |
|---|---|---|---|---|---|
| an online gift retailer | $856,730 | $943,680 | $ | $3,237,500 |
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Handbook Of The Economics Of Finance Corporate Finance Volume 1A
Authors: George M. Constantinides, M. Harris, Rene M. Stulz
1st Edition
0444513620, 978-0444513625
