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GregCo had the following account balances: Sales$250,000Cost of Goods Sold$162,500Inventory on January 1, 20X1$52,000Inventory on December 1, 20X1$45,000 GregCo had an inventory turnover of ________.
GregCo had the following account balances:
Sales$250,000Cost of Goods Sold$162,500Inventory on January 1, 20X1$52,000Inventory on December 1, 20X1$45,000
GregCo had an inventory turnover of ________.
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