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Given the following information, calculate the inventory turnover for a Company. Evaluate the trend results. 2014: Cost of goods sold $1,043,000; Beginning inventory $283,000; Ending
- Given the following information, calculate the inventory turnover for a Company. Evaluate the trend results.
- 2014: Cost of goods sold $1,043,000; Beginning inventory $283,000; Ending inventory $264,000.
- 2013: Cost of goods sold $820,000; Beginning inventory $311,000; Ending inventory $283,000.
- 2014: Cost of goods sold $1,043,000; Beginning inventory $283,000; Ending inventory $264,000.
- 2013: Cost of goods sold $820,000; Beginning inventory $311,000; Ending inventory $283,000.
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Fundamental Accounting Principles
Authors: Larson Kermit, Tilly Jensen
Volume I, 14th Canadian Edition
978-0071051507
