Question
Complete the following: (Round your answers to the nearest hundredth.) Average cost of inventory 15,300 Average inventory at retail $22,840 Net Sales $76,500 Cost of
Complete the following: (Round your answers to the nearest hundredth.)
Average cost of inventory 15,300
Average inventory at retail $22,840
Net Sales $76,500
Cost of Goods Sold $56,300
Inventory turnover cost? ________________
Inventory turnover at retail?________________
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College Accounting A Practical Approach
Authors: Jeffrey Slater, Debra Good
13th Canadian edition
134616316, 134166698, 9780134632407 , 978-0134166698
