Question
....................During the year just ended, the retailer James Corporation purchased $433,000 of inventory. The inventory balance at the beginning of the year was $184,000. If
....................During the year just ended, the retailer James Corporation purchased $433,000 of inventory. The inventory balance at the beginning of the year was $184,000. If the cost of goods sold for the year was $457,000, then the inventory turnover for the year was?
what would this be please?
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Financial and Managerial Accounting
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
3rd edition
978-1-119-3916, 1119392132, 1119392136, 9781119391609, 1119391601, 978-1119392132
