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Cougar Companies' cost of goods sold in the year of sale (2019) was $750,000 and net sales was $1,770,000. The inventory at the end of
Cougar Companies' cost of goods sold in the year of sale (2019) was $750,000 and net sales was $1,770,000. The inventory at the end of 2019 was $188,000 and at the end of 2018 the inventory was $208.000. Cougar Companies inventory turnover ratio during 2019 was closest to: 3.98 3.79 9.41 8.94
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