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During the year just ended, the retaller James Corporation purchased $453,000 of Inventory. The Inventory balance at the beginning of the year was $204,000. If
During the year just ended, the retaller James Corporation purchased $453,000 of Inventory. The Inventory balance at the beginning of the year was $204,000. If the cost of goods sold for the year was $477,000, thern the Inventory turnover for the year was: (Round your Final answers to 2 decimal places.) O 2.36 O 2.34 O 2.65 O 2.48
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