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During the past 6 months, Ben sold goods that cost $43,500, his expenses totaled $3.500 and his freight in totaled $1,750. His company's average stock
During the past 6 months, Ben sold goods that cost $43,500, his expenses totaled $3.500 and his freight in totaled $1,750. His company's average stock of goods during the same period was $12,400.
The inventory turnover ratio for Ben's company is ________________?
a.) 3.51
b.) 3.37
c.) 3.08
d.) 3.93
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