During the past six months, Roberta sold goods costing $35,500, her expenses totaled $2,500 and her freight
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Question:
During the past six months, Roberta sold goods costing $35,500, her expenses totaled $2,500 and her freight in totaled $750. Her company's average stock of goods during the same period was $9,500.
The inventory turnover ratio for Roberta's company is
- .)3.74
- b.)3.39
- c.)3.55
- d.)3.47
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