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Consider the following data from a company annual report: which of the following is inventory turnover? Sales: $1,200,000 Cost of Goods Sold: $60,000 Raw Materials
Consider the following data from a company annual report: which of the following is inventory turnover?
Sales: $1,200,000
Cost of Goods Sold: $60,000
Raw Materials Inventory: $80,000
Finished Goods Inventory: $20,000
Work-in-Process: $20,000
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